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Take the subsidies away and the car is more. Like a Tesla getting $7.5K in EV rebates, Chinese EVs are also subsidized. That Chinese BYD Dolphin, $13,000 in Chi
by asadotzler 2y ago
Take the subsidies away and the car is more. Like a Tesla getting $7.5K in EV rebates, Chinese EVs are also subsidized. That Chinese BYD Dolphin, $13,000 in China is $30,000 sold outside of China. Let's assume Chinese are getting a discount and everyone else is paying a penalty, that puts the real price somewhere around $22,000.
That $22,000 vehicle is comparable to a Hyundai Kona in the US for $25,000 (not eligible for US EV rebates so Hyundai cut the sticker price dramatically) or the Chevy Equinox for about the same after rebate.
As you can see, it's not really the difference the headlines make it out to be.