It’s because companies typically create high dollar/high trim items first in order to use that money to develop these new products. China is paying all these development costs for Chinese manufacturers.
We could do that here if you don’t mind a tax increase and cuts to government services so that more of your tax dollars can be funneled to Tesla, Ford, and GM and all the other more popular foreign manufacturers like Hyundai, Kia, Dodge, Chrysler, Toyota, Honda, etc but I don’t think that’ll go over well once people actually see how the sausage is made.
Furthermore, this will likely lead to a lot of people hopping from car to car to car when they’re selling so cheap new (especially for those who are buying these higher priced trims currently) which completely negates the environmental benefits that EVs offer. China is already seeing this with “car graveyards” full of nearly new EVs since there is no incentive for anyone to buy them over the newest model. https://www.bloomberg.com/features/2023-china-ev-graveyards/
It’s because companies typically create high dollar/high trim items first in order to use that money to develop these new products. China is paying all these development costs for Chinese manufacturers.
We could do that here if you don’t mind a tax increase and cuts to government services so that more of your tax dollars can be funneled to Tesla, Ford, and GM and all the other more popular foreign manufacturers like Hyundai, Kia, Dodge, Chrysler, Toyota, Honda, etc but I don’t think that’ll go over well once people actually see how the sausage is made.
Furthermore, this will likely lead to a lot of people hopping from car to car to car when they’re selling so cheap new (especially for those who are buying these higher priced trims currently) which completely negates the environmental benefits that EVs offer. China is already seeing this with “car graveyards” full of nearly new EVs since there is no incentive for anyone to buy them over the newest model. https://www.bloomberg.com/features/2023-china-ev-graveyards/