This then flows downstream to inconsistent and patchwork government support for the transition to EVs.
The short term incentives aren't all properly aligned for car makers to fully commit to build EVs and support the supply chain to do that.
You had some politicians like Justin Trudeau that tried to create a frame work that would guide and advantage capital toward investing in innovative green technology and future jobs, but then politicians saw the advantage in politicizing and opposing everything and they tore this all down.
Now China has continued to move ahead meanwhile NA remains at square one with increasingly backward technology, with no incentive to change.
It's going to get really bad!
Software explains a lot, dumping explains some of it but it might not be all of it
It's basic supply and demand - the sales are tanking, and without subsidies nobody will buy them, and the car companies are realizing that.
A few models (Teslas, for example) do okay with the upper class, but the lower and middle class can't afford them, don't have anywhere to charge them, and have to drive too much to depend on them.
Even in a trendy, wealthy city like Boulder, CO which is all about saving the environment and going green there isn't nearly enough charging capacity for everybody to use EVs.
An EV is better than no car at all, but they're a downgrade from an ICE in most cases.
Beefing it up to the US/EU safety standards and even accounting for higher labor cost, it would be around $20k. I'm pretty sure consumers would be quite interested in something like this.
That's USD 17,750.
https://evdealergroup-byd.com.au/configurator/byd-atto-1?pos...
For sparsely populated areas or city to city driving plug-in hybrids should bridge the gap and allow people do most driving on electric and get the benefits of EV performance.
> An EV is better than no car at all, but they're a downgrade from an ICE in most cases.
Totally disagree. ~70% of americans live in single family homes. If you can charge at home which they can, and you dont have some edge case super distance driving needs, EV is better in every way.
Boulder is not a great EV town because everyone road trips all the time. 70% of Americans live east of the Mississippi where road trips are less common.
I also road trip around Colorado in my EV and it works great.
I bet the lower and middle class could afford a $10k BYD car though.