Electric vehicles are too expensive in the West. We know it, dealers know it and carmakers know it. Even the most affordable models are still less affordable than the equivalent combustion-powered car, though Western car brands talk excitedly about how their next-generation EV platforms will bring electric tech to the street for thousands of dollars less than it currently costs. But given recent news from Chinese automaker BYD, that all looks like an exercise in futility.
The least expensive EV offered in America, the 40 kWh Nissan Leaf, costs $28,140, and even the cheapest car of any type, the ancient Mitsubishi Mirage, which is similar in dimensions to the BYD, comes in at $16,695.