this post was submitted on 19 Jun 2024
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Technology
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Of course there aren't many people buying EVs when the only ones available in the US are high end luxury models.
Import a bunch of those cheap Chinese EVs and lots of people will buy them. It won't hurt the US manufacturers because they don't produce any budget models.
It will hurt US manufacturers, because their budget gasoline cars won't sell.
And they'll spend more money fighting the inevitable pivot to EVs than they would if they just pivoted now.