Are these road-legal in the west? If the off-road farm and construction-site applications are the only use-cases, that would seem to rather limit the impact on the market.
That means this version has some more safety features than the the base model in China, which could explain why it costs more than 3x outside China.
Yeah, this has to be more than just western-market markup:
>> Kaiyun will start selling its “Pickman” electric pickup in the US, Germany, and Italy as soon as next month. The base Chinese model sells for 16,800 yuan ($2,500). The US version will start at $8,950, Fox News reports.
https://www.renault.fr/vehicules/vehicules-electriques/twizy...
They are legal in 46 states currently, on streets with a speed limit <= 35mph. Some towns have more restrictive laws as well.