It’s kind of depressing to see the EV prices available in China and compare it with the prices available in Europe. Hell, there are only three sub-30000€ EVs available on the German market, after two models were discontinued last year
In fact the article is guilty of doing exactly what you’re talking about! Doing a direct conversion from RMB into USD without adjusting for PPP, basically throwing out all CoL differences, is what leads to stupidity like this article.
In the USA you can get like $7000 back from the government when you buy an EV, but the manufacturers are hip to that and price them to absorb that credit. Then of course that doesn’t help anyone buying them used or certified pre-owned. Oh, and they were talking about eliminating that credit last time I checked. QQ
This car is no more a Volvo than a fiat is a Ferrari. Just because the company also owns the Volvo brand doesn’t make a car under a completely different brand a Volvo.
Why would you assume this. Let’s say the average income is half what it is in America, and the safety regulations are more lax. Do they make a car they can sell in America that (almost) no one in China can afford, or do they make a car they can’t sell in America, but a lot of people can afford?
While the price of this car is pretty cheap in dollar terms, it’s pretty expensive if you compare it to their PPP, so the whole argument becomes somewhat moot. That said, there were a number of interesting and very economical cars made or sold in India in the last 10 years that would never pass regulations in Europe or America, for the exact reasons I listed above.
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