Say goodbye to the US car market as we know it: Cheap Chinese EVs are coming Nora Naughton and Tim Levin
Industry watchers say it's only a matter of time before Chinese automakers bring their impressive - and importantly, inexpensive - electric cars to the US. China's EV industry has exploded in recent years. In 2022, US EV sales hit a new high of 800,000, while Chinese buyers snapped up some 5 million electric passenger vehicles. After years unchallenged, Tesla is about to lose its crown as the world's largest EV maker to a Chinese company, BYD. In the 1970s, Japanese car companies like Toyota and Honda swooped in with affordable and fuel-efficient vehicles that knocked US carmakers on their heels ...History may repeat itself. Chinese EV manufacturers can gain a foothold in the US by coming in at a budget price point, analysts said. More: https://www.businessinsider.com/cheap-chinese-electric-cars-will-upend-the- us-vehicle-market-2023-5 shortcut URL: https://v.gd/Wtm66K David Roden, EVDL moderator & general lackey To reach me, don't reply to this message; I won't get it. Use my offlist address here : http://evdl.org/help/index.html#supt = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = I learned "sesquipedalian" from Mark Twain, who used it as an adjective to describe a long word. Sesquipedalian is a sesqui- pedalian word. In a world where phonetically is not spelled the way it sounds, and Gary Oldman was a young man when Henny Youngman was an old man, it was nice to have a word that actually described itself. -- found on the internet = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ Address messages to ev@lists.evdl.org No other addresses in TO and CC fields HELP: http://www.evdl.org/help/
