Why China Is Building $1,000 EVs Instead of $50,000 Teslas

Comments · 1.7K

• FA

  @fahmad7194 · 3 months ago

  China's philosophy appears to be if a technology or product is useful, make it affordable for everyone

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• RE

  @rebel_jedi · 2 months ago

  Awesome. People doesn&apos;t need to be millionaires.<br>They need enough to be happy 😊

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• GI

  @gibsos00 · 2 months ago

  Developing countries, the majority of the World, need cheap cars not expensive cars.

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• K5

  @k5222 · 2 months ago

  This is what happens when a Government and its citizens does what its supposed to do, work for the good of the country and not themselves.

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• TH

  @The0ldg0at · 3 months ago

  China has already an extensive affordable high speed rail system for long range travel. They have moved 800 millions people from extreme poverty to the world&apos;s average purchasing power parity. Building electric cars affordable for first time buyers in their domestic market is a huge business opportunity that could spread to the 4 billions of potential first time buyers in the rest of the world.

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• YV

  @yvonnechen4173 · 2 months ago

  The small EVs are perfect for short distant travel, where public transportation is incomplete, for home shopping, such as between villages or districts.

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• TH

  @ThisIsInsanity-z3h · 2 months ago

  Maybe we could all learn a thing or two from China.

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• PE

  @peterpph126 · 3 months ago

  China offers transportation solutions to all walks of life in wealthy countries &amp; developing countries

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• NA

  @nagarajansreedhar6586 · 3 months ago

  Thank you, China, let me import these

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• JA

  @jamestait324 · 2 months ago

  A $1k EV is aimed at a huge potential consumer base. These are people that currently drive an old petrol-engine car, motorcycle or scooter. Or even someone with a bicycle who&apos;d like to have a car... but can&apos;t afford one. You could finance a $1k vehicle over, say, a 3 year period for about $30/month (or $1 day).

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• ST

  @stalkingtigerscom · 2 months ago

  instead of actually building anything like this in America, our useless politicians simply deny us the ability to own them.

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• AL

  @AldrinAlbano · 2 months ago (edited)

  There is a HUGE market for these in South/Southeast Asia alone. Then you have Africa and South America. I think China&apos;s EV strategy of affordability for the masses, is the right one. Compare that with the US building a walled garden so that a select few domestic companies can charge $50-100k plus per vehicle and make themselves trillionaires.

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