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China has over ten different companies making EVs under $14,000. If EVs were more like commodity electronics products and less niche, if there were broad compe
by brownbat 7y ago
China has over ten different companies making EVs under $14,000.
If EVs were more like commodity electronics products and less niche, if there were broad competition, things could change faster than anyone expects.
There are a lot of entrenched stakeholders in the US though. UAW, dealerships, policy will control the outcome more than technology for a while.
https://wattev2buy.com/china-ev-price-list-rank-chinese-electric-cars-by-range-and-price/ https://wattev2buy.com/china-ev-price-list-rank-chinese-elec...
- imglorp 7y agoDealerships may have some pull for now, but they're part of the problem: artificial, parasitic friction. In a free market you could buy a car at Costco or the Internet instead of paying those clowns to haggle and cheat you. Part of Tesla's success is disrupting that mess.
- clomond 7y agoWhile this is technically true, many of the EVs sold at that price in China (especially at the lower end) more closely resemble fully encased modern golf carts then the actual "Electric Cars" many would expect. On top of this, very, very poor quality production and low quality/longevity of some Chinese EV batteries has meant that, even still "You get what you pay for." It was this poor level of quality that made the Chinese government try to entice competition within the space by pulling back EV subsidies. Links that are somewhat related: https://www.bloomberg.com/news/articles/2019-03-26/china-scales-back-subsidies-for-electric-cars-to-spur-innovation https://www.bloomberg.com/news/articles/2019-03-26/china-sca... https://www.bloomberg.com/news/articles/2019-03-26/china-scales-back-subsidies-for-electric-cars-to-spur-innovation https://www.bloomberg.com/news/articles/2019-03-26/china-sca...