> under 50k cars aren’t sufficiently profitable to be worth making. So very little R&D happens at the low end
The fact that both new entrants and legacy manufacturers are struggling with that production cost implies there is a structural cause for those high prices. I’m sceptical BYD can sell a car in America for $10k. I’m less sceptical that anyone else cares about the mandates that make American cars expensive.
The fact that both new entrants and legacy manufacturers are struggling with that production cost implies there is a structural cause for those high prices. I’m sceptical BYD can sell a car in America for $10k. I’m less sceptical that anyone else cares about the mandates that make American cars expensive.