This is a developed markets problem. China is making reasonable (range, amenities, style) electric cars in the $15k range.
Geely, BYD and other Chinese manufacturers are chasing the affordable end of the global market, regardless of if US and EU manufacturers also do so or not.
Obviously they would prefer not; as it leaves the market wide open to them. Either they will also sell these affordable cars in the USA; or the USA will lose out.
But I expect Tesla and Hyundai/Kia will be there as well before too long.