China spent $230 billion to build its electric car industry, CSIS says
China spent $230 billion to build its electric car industry, CSIS says
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.
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Investment in public transport would have been better, but it's not nothing. Hope other countries follow suit.
Oh definitely. I was just hoping they'd spend those billions on busses, metros and, yes, HSR, instead of on EVs. Still, they're ahead of most countries as it is.
ahead of all* countries
https://en.wikipedia.org/wiki/List_of_metro_systems and sort by system length
The fact that Moscow Metro is up there despite Moscow being so fucking cold is wild
China has more infrastructure than what it needs. What they should do instead is not have their entire population as slaves. What does economic growth mean if the population earns almost no money. They don't even consume the products they produce, almost all of it is exported. They are billions of people, it's not like there's a lack of demand, they just don't have the money to buy what they produce.