Electric vehicles are often touted as the green alternative to gas-powered vehicles, but one expert believes that if people knew the truth about EVs, they would think twice before purchasing one.
APPEALS COURT CLEARS THE WAY FOR CALIFORNIA TO SET ITS OWN ZERO EMISSION STANDARDS "But then if you start looking at the manufacturing, what Beijing has done is they are subsidizing the companies that create these vehicles," and "because they've got those subsidies, they can create really, really cheap cars," he added. Wright said the Chinese Communist Party is subsidizing the EV companies because they're trying to de-industrialize Europe and the U.S.
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