" … as soon as vehicles come in the right price range next year … people will flock to buy them.”
With all the batteries being made in China, it will be very hard to compete on a level ground.
Don’t worry; Indonesia has a lot of nickel that has plunged the nickel prices around the world, which will certainly increase the cost of making batteries since the mines are owned by… China. Ahh fuck.
Now do the US!
In Europe. I doubt we will get any of these in North America.
We’ll take our expensive luxury EVs with 2 miles a charge and like them…er I mean buy giant pickup trucks instead that use 20 gallons of gas / mile while the world burns.
Oh no. Stop. Please. /s
So, when will the huge tariffs on EU-made electric cars start?
Too little, too late.
Nobody should be excited for a race to the bottom, but cars generally have been overpriced and this seems like a pretty normal trend of price correction trying to take shape in this wonky market.