The end of production for the Nissan Versa means there are no new cars priced under $20,000 — a blow to some Americans who may find themselves priced out of the market.
If they were just looking to replace ICEs with EVs domestically, they’d have subsidies for domestically bought EVs. They instead subsidize production, regardless of where it’ll be sold. Chinese manufacturers can afford to produce at a huge loss right now and still make a profit.
The scooters there are all electric. It makes it scary to walk on the sidewalks because they’ll ride up on them and they are so quiet you suddenly realize someone is about to run into you. lol
Have you been to China recently? Seems like all the new cars sold there are EVs. They’re not just dumping them on the export market.
If they were just looking to replace ICEs with EVs domestically, they’d have subsidies for domestically bought EVs. They instead subsidize production, regardless of where it’ll be sold. Chinese manufacturers can afford to produce at a huge loss right now and still make a profit.
The scooters there are all electric. It makes it scary to walk on the sidewalks because they’ll ride up on them and they are so quiet you suddenly realize someone is about to run into you. lol