Cheap Chinese Electric Cars to Flood U.S. Market – IOTW Report

Cheap Chinese Electric Cars to Flood U.S. Market

Axios-

Inexpensive electric cars from China have quickly gained a toehold in Europe — and could be taking over American driveways next.

Why it matters: The Biden administration is incentivizing rapid electric vehicle (EV) adoption, while also trying to reduce U.S. dependence on Chinese EV supply chains.

  • Yet experts say there’s no way to meet the administration’s proposed vehicle emissions standards without low-priced EVs that everyday Americans can afford.
  • With today’s U.S. EV prices averaging close to $55,000, there’s a big opening at the bottom of the U.S. market for budget-priced cars from Chinese brands like BYD, Xpeng Motors and Li Auto.

What they’re saying: John Bozzella, CEO of the Alliance for Automotive Innovation — a Washington, D.C.-based automotive industry trade group — sees inherent tension between the Biden administration’s goals of promoting EV adoption while also reducing U.S. reliance on Chinese supply chains.

  • The U.S. doesn’t have enough domestic minerals and components to meet the proposed quick ramp-up in EV sales, Bozzella argued in a recent blog post, which would mean continued reliance on China.
  • But if the U.S. moves too slowly on electrification, it could also leave open the market to Chinese imports as consumers seek entry-level options, he wrote.
  • “This is our Goldilocks problem,” Bozzella wrote. “Too fast: advantage China. Too slow: advantage China.”

24 Comments on Cheap Chinese Electric Cars to Flood U.S. Market

  1. Y-Tube:

    serpentza:”China is Throwing Away Fields of Electric Cars – Letting Them Rot!

    You should also see what they did with Their Rental/Bike Sharing services. (its also in there)

    Shockingly worth a watch

    9
  2. What I love is when some enviroweenie leaves their green machine at a community charging area and all the “feel superior” cars go up in community flames.

    That is some satisfying shit right there….

    10
  3. “This is our Goldilocks problem…”

    It’s no coincidence that this condescending asshole is using a fairy tale analogy to explain why they’re running into difficulties trying to base our economy on the fairy tale of global warming.

    F—k this patronizing puke and his horde of lying, crooked, incompetent permanent government shit-heels, try to foist this junk on us. Obama did the same thing with Chinese solar panels, and look at what a scam that turned out to be. Now Biden wants to shove these Chinese solar panels on wheels into everybody’s garage? Please. We already had the Nissan Leaf. Do you see those on the road anymore? No? Why is that? Just say no, America.

    14
  4. One of my liberal brothers drives a new Nissan Leaf. I just laugh at it, he also delivers Meals on Wheels to old people, I’m just waiting for it to quit running when he uses it during the Winter to make his rounds and pisses off old people because his EV won’t go.

    6
  5. Once again: Every major decision Biden makes benefits our competitors and our enemies. Biden would not be in office if not for the blind support of the UNITED AUTO WORKERS.

    9
  6. I have 2 comments – first everything which the Chinese make is crap! Their buildings are crap, their roads and bridges are crap (they do not do engineering well!), so by extension, their electric cars will be crap.
    And the second is that my sister has a neighbor who purchased a Tesla when he went through the male mid-life crisis. Stopped driving it in the winter because it could not handle the amount of snow on the residential side streets or the cold. Now it sits under a tarp at the top of his driveway as he told my sister he can not get any insurance for it (with all of the electric cars burning in the news, the insurance is very, very expensive).

    15
  7. I watched an interesting video on YT about why pickup trucks and SUVs keep getting bigger. It’s the EPAs fault. Vehicles have minimum fuel economy targets based on their “footprint” (wheelbase x track width = footprint). The greater the footprint, the lower the minimum allowable MPG. So a small pickup should have to achieve an impossible MPG, whereas a bugger pickup would only have to reach a more reasonable target MPG. This is why you don’t see any small trucks being sold in the USA anymore.
    And of course, if the trucks can’t meet the target MPG, the manufacturer has to pay a tax for each truck produced, based on how much it exceeds the mandated MPG. Way to go, democrats.

    8
  8. I believe another situation is that every law they pass they’ve already place themselves where they can profit off of the new laws and dictates.
    If it’s not about destroying America, it’s about them making money or both. This should be illegal.

    5
  9. Every fool who buys one of these is a promoter of child slavery and a willing participant in environmental devastation of foreign countries around the world. When will the Swedish teenager make a statement?

    8
  10. How cheap are they?
    Can they be easily disassembled for the battery packs?
    Can the battery packs be disassembled to make 12V batteries?
    Or run the battery pack (kept well away from the house) through an inverter to run your home.

    1

Comments are closed.