There just aren't that many domestic automakers actually attempting the market the way China is. I think part of the reason for that is the adoption rate of American drivers of EV's. Especially without the tax credits to subsidize the cost. The US is struggling to sell new cars and EV's make up only 10% of new cars sold.
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Especially without the tax credits to subsidize the cost.
Too bad the US doesn't have access to cheaper non-US made EVs.
Yep. Politics is part of the reason too. But only part of it. Most Americans can't afford a new car even if it's cheap. That's why new car sales are so low. The tax credits helped a lot of people buy EV's. Now that the current Admin has gotten rid of the credit people aren't buying or leasing them but people can't afford the pre-owned vehicles either.
So what I'm saying is, people can't afford to buy used EV's either.
https://www.caranddriver.com/news/a70020914/why-2026-will-be-a-great-time-to-buy-a-used-ev/
Just saying, but people not being able to afford a new vehicle is because of politics. Not Republican vs Democrat politics, but capitalist vs worker politics.
The US is struggling to sell new cars and EV's make up only 10% of new cars sold.
I would love to buy an EV but a brand new car is too expensive and there’s not much in the way of reasonably priced, used EVs available so I’m currently sticking with the internal combustion engine.
I’m sticking with my ICE cars because they have buttons and switches and only a tiny screen and won’t be selling my data to my insurance company and aren’t SUVs.
Though I did put a deposit down on a Slate truck.
One of the main reason a country's government will subsidize or otherwise encourage green energy and EV adoption is as a geopolitical strategy to reduce dependence on oil, due to the fact that most oil-producing nations are deeply unstable for one reason or another. The USA's problem is that it is one of those deeply unstable oil-producing nations, and so it wants to keep the renewables market suppressed and the oil and oil derivatives market boosted.
Here in Ireland we don't have one jot of domestic oil production, so renewables are seen as a way to not be held hostage by the slings and arrows of outrageous fortune (and idiotically unnecessary wars in the Middle East, and idiotically random tariff wars) because we do have our own water, wind and sunshine. America doesn't have that natural incentive to the same extent that we do.
Heck even oil producing European countries such as Scotland and Norway, considers renewable the future
China has subsidized the shit out of their car industry. Dumping trillions of renminbi across every vertical and then ramping up production to flood every market with a deluge of cheap EVs will do that.To their credit they are also willing to let bad car companies die and the good ones take their place.
Not that we couldn’t have done the same but the people elected a party which has a walking orange disaster of a president into power and they are doing their very best to hand the future to the Chinese.
So basically China is winning this particular war because they're doing it smartly.
China tends to take a 1000 year perspective on things..
In the west we can hardly think 3 months ahead of the present moment.
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If I could ever get a decent, affordable electric car, maybe I'll start driving again. Maybe. Still hate cars and trucks.
Drill, baby, drill!
News about global trade deficits isn't mildly interesting. It's mildly boring.
I'm guessing a big part of the problem isn't even the Tesla politics or the right-wing perception of EVs.. it's probably close to 100% cost. They're expensive AF and everyone in America is poor. Most EVs are touted as a luxury ordeal with luxury prices. China can do cheap EVs, but that doesn't work with American business's demand for profit margin.
Maybe it's time the corporations go through some austerity measures?
Think of it like Kodak with digital cameras. Even knowing the market is being disrupted, even having the technology, there is never a short term reason for self disruption. If the company can’t consider the longer term while a market is being disrupted, they will not survive. Of course selling a couple thousand EVs is not going to earn back the cost of entirely new factories and supply chains after two years. Duh. Of course it’s easier to sell hundreds of thousands of legacy vehicles built in legacy factories that are already paid for using supply chains that already exist. But one of those approaches is on a decline to the grave while the other is a paradigm shift for the entire global industry
Doesn’t help the US is so anti-competitive, so protectionist, so many policies favoring excessively large inefficient vehicles. By the time we emerge from this smog of political chaos, legacy American car companies will no longer be able to survive independently nor compete globally.
But the car companies certainly lay deserve a lot of blame- across the entire car market preferring to sell fewer more expensive vehicles, rather than more vehicle that are more affordable.
problem isn't even the Tesla politics ... Most EVs are touted as a luxury ordeal with luxury prices.
That is Tesla politics. Tesla specifically wanted to build a luxury, very complicated machine as their first EV. While Chinese automakers did the opposite, they began small with less complicated machines (hey smaller battery for smaller weight) and then built more complex and luxury models on top of that base