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China spent $230 billion to build its electric car industry, CSIS says

www.cnbc.com China has spent at least $230 billion to build its EV industry, new study finds

China spent $230.8 billion over more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies.

China has spent at least $230 billion to build its EV industry, new study finds
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  • They told us they were going to invest in EV R&D back in 2014. You know, back before we had that orange anal experience of a Russian puppet wannabe pornstar felon president. We put 6b into GM to compete; they pumped their stocks with it. Such is 3rd world America. Lay off the McCarthy bullshit whining about investing in R&D to mask corruption and ineptitude. This was no fucking surprise. Spinning this bullshit is just trying to justify screwing over average Americans with overpriced undeveloped bloated unaffordable garbage made to pad our useless incompetent oligarchy's pockets.

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