4 ms·
BEVs remain mostly a luxury purchase right now in the west, but the price of the average EV in China has been dropping precipitously (almost 50% in the last 10
by cantaloupe 4y ago
BEVs remain mostly a luxury purchase right now in the west, but the price of the average EV in China has been dropping precipitously (almost 50% in the last 10 years) [1]. Several big US auto manufacturers are also gearing up to break into the ~$20k market in the next few years.
[1] https://www.euronews.com/next/amp/2021/09/28/china-s-carmakers-are-making-cheaper-electric-vehicles-and-they-have-their-sights-on-europ https://www.euronews.com/next/amp/2021/09/28/china-s-carmake...
- TheLoafOfBread 4y ago20k USD EV also means less than 100 miles range and/or some variation of "scooter with a roof" car like Hong Guang Mini EV, which looks nice until the first accident. Thing with BEVs is that the moment you want something what is at least close to parameters of current ICE vehicles, you are getting back to 50k USD territory. And it does not matter if it is made in China, USA or Europe.