i would find amusing if countries retaliate US tariffs by singling out Musk and Trump companies
I hope EVs don't get a bad name out of all this. EVs are one of the few good things to come out of the last decade or so.
I obviously don't understand the economics of it and I realize that China will always have the upper hand on price but is there a reason every western EV has to be $40,000+? Like surely it's possible to build a barebones model for less than 30k right - especially if I don't need or even want touch screens or fancy interior materials or heated seats or anything.
Western culture is built on delivering value to shareholders first and foremost.
Higher profit margins.
Europeans get the bulk of cheaper and smaller EVs. Meanwhile in North America, Ford stopped selling sedans. It’s a niche that car makers could fill if they wanted to.
That's why I snatched up a Bolt before Chevy (temporarily, they say) discontinued the line. I even did upgrade it a little to get heated/cooling front seats and a heated steering wheel plus the extra safety features. $32.5k with a $7.5k rebate from the federal Clean Vehicle Credit. So $25k for a car with a 175-280 mile range. (175ish in winter when the battery is less efficient, 280 in summer).
Of course the IRS fucked up the point of sale rebate when I was purchasing, but it's finally incoming with my taxes this year.
It's a combination of issues. In no particular order;
- precursor availability: All the stuff that EVs are made of, is made in China. If you want to build EVs it's easier and cheaper to get all the parts in China than it is in the US
- logistics: China has more modern roads, railroads, ports etc. That makes it much easier to get parts in and finished products out
- government aid: China has prioritized EVs for a long time and has all kinds of policies to encourage EV production
- EV infrastructure: China has more EV charging stations than the US and EU combined
- limited ICE competition: China doesn't have any big ICE vehicle companies. There are no significant groups in China advocating against EVs
Labor costs don't seem to be a factor at all. EVs are made in modern factories that are almost completely automated. The biggest part of "precursor availability" is likely batteries. The main innovation in EVs was the batteries. The electric motors, chassis, computers, etc are all secondary to batteries that can safely hold a lot of charge and discharge reliably. China dominates that market too.
I imagine China is subsidizing the R&D of their EVs while American car companies are trying to recoup those costs
Every major country subsidizes R&D. That's what federal research grants are all about. The NSF, NIH, etc do exactly that.
Other US subsidies on EVs aren't specifically restricted to R&D but US companies could apply it to that, if they want.
edit: typo
Why would Canadians want cheaper EVs that may or may not be reliable when they can have American assembled ones that are more expensive and may or may not work?
Ban the fucking things.
Offer loan forgiveness to any Tesla owner. Tell musk to fuck off.
Why not both
The argument against Chinese Ev's is not an economic one.
If some authoritarian state wants to steal from its poorest in society and transfer the wealth to foreign electric car buyers, why is our government trying to win in the race to the bottom?
Billions have been spent on the Canadian EV industry through subsidies, tax cuts and grants. The relative amount of jobs and Canada made goods are pitiful. The real beneficiaries are the foreign auto companies.
We will NEVER have a competitive advantage against China, Japan, US, UK, SK and Germany. Stop trying and put all that money and effort into something we do have a chance at being competitive in.
Or maintain and drive the car you already have. There are more options then Tesla and BYD. These are probably the worst options.
The main reason why Chinese cars (all of them) aren't allowed in North America is most don't pass our strict Safety standards. What needs to happen is provinces need to allow mini EV's. There are wonderful little single or two seater EV's that only do 30 Kmh, and can do 50 to 100 km's in range. But aren't allowed legally on the road. You can get them for like 5K.
I am sick and tired of people claiming that BYD are unsafe They have crash tested better than my current vehicle.
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