schizoidman
We have already seen market dominance with solar panels from China over the past decade. While prices are still consistently trending downward. This decline can largely be attributed to the intense competition among numerous manufacturers in China.
The same logic can be applied to Chinese EV manufacturers.
In contrast, other countries typically at best have only have a couple of EV manufacturers, often receiving substantial government protection akin to a helicopter parent. This lack of competition keep prices higher.
In the US perhaps. In other countries people either choose Tesla for its charging network & software or Chinese EVs for LFP batteries & value. Korean cars can't find a niche.
From my understanding its mostly legacy automakers that are unable to sell EVs effectively. However EV sales overall are up from EV manufacturers like Tesla & BYD etc.
What news reports did you read that lead you to believe that the EV market is dying?
Many other EV manufacturers sell their cars for twice what its priced in China because they can. BYD for instance has a huge profit margin in Europe.
I assume you are not from Thailand.
https://electrek.co/2024/07/03/byds-10k-ev-price-cuts-spark-backlash-thailand/
I think it just means google would stop selling it as the new google TV streamer is up for sale. My Chromecast from 2015 is still working till this day.
Should be range extended cars.
I believe there are already people doing something like that.
https://www.reddit.com/r/BYD/comments/1f274ye/a_byd_shark_in_the_us/