this post was submitted on 05 Mar 2025
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I obviously don't understand the economics of it and I realize that China will always have the upper hand on price but is there a reason every western EV has to be $40,000+? Like surely it's possible to build a barebones model for less than 30k right - especially if I don't need or even want touch screens or fancy interior materials or heated seats or anything.
I imagine China is subsidizing the R&D of their EVs while American car companies are trying to recoup those costs
Definitely related. EVs are relatively new technology and internal knowledge for engineering R&D, materials, and manufacturing infrastructure all have to be spun up. All this, and you need marketing/planning folks to decide on what sort of vehicle will sell the best against their engineering capabilities.