3 ms·
This is a beautiful example of history repeating itself. In the 1960's Japanese cars started to replace the overpriced, low reliability US "Big-3" automakers.
by johnea 3y ago
This is a beautiful example of history repeating itself.
In the 1960's Japanese cars started to replace the overpriced, low reliability US "Big-3" automakers. Now, after dacades in theUS, the Japanese makers are also slaves to the LUXURY product. They can't imaging selling a vehicle for less than $50K.
In China, an EV "city car" can be bought for < $10K, fully equiped EVs are < $30K.
The US is rpie for these lower cost, higher reliability vehicles, but it seems this time it won't be Japan thats inovating.
After decades of using the cheap Chinese labor force now US industrialists are afraid of the monster they've created, thus the cold war...