Definitely related. EVs are relatively new technology and internal knowledge for engineering R&D, materials, and manufacturing infrastructure all have to be spun up. All this, and you need marketing/planning folks to decide on what sort of vehicle will sell the best against their engineering capabilities.
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I imagine China is subsidizing the R&D of their EVs while American car companies are trying to recoup those costs
Every major country subsidizes R&D. That’s what federal research grants are all about. The NSF, NIH, etc do exactly that.
Other US subsidies on EVs aren’t specifically restricted to R&D but US companies could apply it to that, if they want.
edit: typo
China has been subsidizing EVs since 2010.
Longer than that. China has been promoting battery technology as a strategic initiative since the 90’s.
Definitely related. EVs are relatively new technology and internal knowledge for engineering R&D, materials, and manufacturing infrastructure all have to be spun up. All this, and you need marketing/planning folks to decide on what sort of vehicle will sell the best against their engineering capabilities.