The big US car companies don't need subsidies. They can afford plenty of development costs but they don't want to advance into the cheaper electric space, they want to extract as much value as they can by pushing car prices as high as possible.
The problem with keeping this level of protectionism is that it encourages them to keep doing the same thing. The companies don't lose out but everyone in the US that needs to buy a car loses out. We need something to motivate them, and dropping their protection from "infinite" to "medium" or "medium-high" might do the trick.
The big US car companies don't need subsidies. They can afford plenty of development costs but they don't want to advance into the cheaper electric space, they want to extract as much value as they can by pushing car prices as high as possible.
The problem with keeping this level of protectionism is that it encourages them to keep doing the same thing. The companies don't lose out but everyone in the US that needs to buy a car loses out. We need something to motivate them, and dropping their protection from "infinite" to "medium" or "medium-high" might do the trick.