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Sweden's Northvolt to build $5.2 bln battery factory in Canada
(www.reuters.com)
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this post was submitted on 28 Sep 2023
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With all these supply chains coming onshore, where's the Chinese EVs? Whereas Chinese companies have been able to produce $10000 EVs, other car companies struggle to produce cars at twice the cost. EVs aren't affordable in Canada without subsidies, but affordability is the single biggest driver behind purchasing decisions as we transition from fossil fuels to electricity.
Those $10,000 EVs all have one or more of the following issues:
(3) isn't inherently an issue - I've seen some vehicles like that around - but it does limit the potential audience significantly.
The $10000 BYD Seagull has a respectable top speed and is definitely a car, but hasn't tried to get certified in Canada, that is true. However, other BYD cars (the Dolphin, for example) have met accreditation standards in North America, Australia, and Europe.
The Dolphin is a $30k USD vehicle, though I'd love to see it come to Canada. I'm not very familiar with the Seagull, but it looks like it's not available outside of China, which is probably an indication of its likely safety rating. If it's safe, I'm not sure why it's not available in the Western countries where they already have a presence.
The Dolphin was a 15k vehicle inside China lol.