Futurism.com: Let’s break down that headline-fueling comparison. Reuters cites Kelley Blue Book data showing that the average price of a new set of wheels in the US in March was $51,456. (Go figure that the percentage of Americans taking out predatory 84 month car loans is higher than ever.)
In China, meanwhile, there’re more than 200 EVs and hybrids for sale at less than $25,000 according to data from DCar cited by Reuters.
Of this category, the five best selling Chinese EVs that start under $12,000 could all be bought for around that beefy $51,456 price tag. These cars won’t match up in size to behemoth US vehicles, but they’re more than capable — and arguably just as stylish as well.
My Opinion: American carmakers continue to push fuel guzzling large and expensive vehicles, like SUVs and pickup trucks. Meanwhile Chinese EVs selling at less than half the price, including the bestselling EVs at about one fifth the price of the average American automobile. Detroit and the lending industry are conspiring to sell expensive automobiles for which ordinary citizens have to take loans, which they can barely afford.
https://futurism.com/advanced-transport/chinese-evs-buy-for-price-one-us-car
Posted by truthandfreedom3
8 Comments
Yeah but, like, the shareholders, man. Haven’t you thought of them?
The USA is a scam. In every way, we are being lied to and cheated.
You can get a few years old used EV in the USA for around $25,000 right now. The chevy bolt is under $30K new and the equinox can go on sale for a similar price.
The US having severally $25K new small sedan EVs isn’t that crazy.
Isn’t the Chinese government heavily subsidizing their cost?
If anyone was wondering why this administration is killing renewable energy projects and blocking Chinese EVs in the US.
https://www.motortrend.com/reviews/quick-drive-geely-ex2-chinese-ev
The United States electric grid can’t handle everyone owning an EV. It can barely handle the electricity for air conditioning in the summers.
Y’all are worried about AI taking American jobs and out here trying to buy Chinese EVs.
I am down for supporting American manufacturing jobs.
But Average USA car is 60k. It is hard to find a new car under 25k.
Like I want a 300 a month car payment.