Once China introduces the EV equivalent of the Chevy Spark (which was one of the cheapest ICE cars ever, with an MSRP of $13K just last year) in the USA, that has a range of around 100 to 150 miles it's game over for many of these American manufacturers on the econobox type vehicles.

American and European price gouging will come to an end soon enough.

Assuming that range is cut in half during the winter in the coldest scenarios and the average American commute, one way is 25 miles, 150 miles will be more than enough to replace most ICE cars. That being said, destination on a car from China probably costs $2K alone, so reaching a 13K price point anytime soon will be very, very difficult.

Supposedly the BYD Seagull can go 200KM and costs $9K in China, so we'll see. Exciting times ahead. (For reference Jiangnan used to sell ICE cars in China several years ago for less than $2K, so even though EV is cheap absolutely compared to USA, it's still much more expensive than what China could make if they continued to make ICE cars. That being said 2030 will result in banning of ICE in many regions)