China is a nation of around a billion people, most of whom we would consider middle class, and 22% of the overall fleet is electric, with new car sales being higher. The economies of scale for manufacturing are huge.
No. It’s cheap material, cheap labor, concessions on everything.
Actually the materials and quality are comparable to what you get from Western automakers, the difference in labor price is because Western countries keep their currencies strong in order to import things from countries like China where the currency is weak. Changing that dynamic would threaten the entire system of unequal exchange that benefits Western nations.
Yeah how do you think it’s the cheapest? They have the most clever engineering methods or something?
No. It’s cheap material, cheap labor, concessions on everything.
Not saying they’re quality made. But cheap EVs would be nice compared to the over inflated car prices today, if they were cheap enough.
China is a nation of around a billion people, most of whom we would consider middle class, and 22% of the overall fleet is electric, with new car sales being higher. The economies of scale for manufacturing are huge.
Actually the materials and quality are comparable to what you get from Western automakers, the difference in labor price is because Western countries keep their currencies strong in order to import things from countries like China where the currency is weak. Changing that dynamic would threaten the entire system of unequal exchange that benefits Western nations.