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As soon as burn cash and govt subsidies run out, with lithium and electricity demand rising, EVs will be far more expensive to operate.
by cabirum 2y ago
As soon as burn cash and govt subsidies run out, with lithium and electricity demand rising, EVs will be far more expensive to operate.
- ben_w 2y agoChinese government subsidies, even for their own citizens' (i.e. non-exported) cars, which are sold to Chinese people in China at about half the cost that Europeans pay for the same models when imported, which is still enough undercut local brands, and European cars are mostly cheaper than American cars? There's a lot of room for cheap EVs even without subsidies. BYD Dolphin sells new in China for just under 100k yuan, which is about $13,800.