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.
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.