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Fear of cheap Chinese EVs spurs automaker dash for affordable cars (www.reuters.com)

submitted 11 months ago by boem@lemmy.world to c/technology@lemmy.world

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[–] slumberlust@lemmy.world 5 points 11 months ago (1 children)

What's the incentive? Most people will have to buy a car anyways, so without a different incentive, it's better for every manufacturer to sell you a 60k+ car where the margins are way higher. If profit is the sole motive it's a no brainer.

[–] HankMardukas@lemmy.world 11 points 11 months ago

The incentive is going to be undercutting the competition. It's going to happen someday, might as well be you, car company.