Quote:
Originally Posted by Hack&Lube
The big thing is that Chinese EV companies haven't even matured and broken into the North American market. Their huge install base means a huge test bed to develop and mature technologies. The huge installed market base also means they have economy of scale to mass produce as well as trial innovations. Once that happens, it will be like the 60s/70s when cheaper but more innovative Japanese imports disrupted the North American market and dominated.
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The cars being made in China are both cheaper and better already than what North American companies make and they have no legacy supply chain or work force transition to fund. Here's a chart that sums up what's happening that very few auto executives have noticed edit: oops, missing graph labels
