this post was submitted on 27 Aug 2023
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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars (www.washingtonpost.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars::undefined

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[–] thedarkfly@feddit.nl 0 points 2 years ago (1 children)

Are the US and EU late, or is it a deliberate business decision from EV car manufacturers to aim for bigger and luxury cars because they make more profit?

[–] Franzia@lemmy.blahaj.zone 1 points 2 years ago

We're late. Our competition sucks (almost certainly on purpose). BYD is taking the slow approach to the US market - early next decade? Reuters: BYD Global EV Push

The US car manufacturers are going to take a protectionist approach to a shrinking market. They've already won this decade - everybone has a massive truck/SUV, no transit, all cars including EVs are an unaffordable luxury to Americans now after "inflation."