‘What’s the real price?’ Concerns about influx of Chinese EVs

Claims China could flood the car market with"40 or 50" new brands by the turn of the decade have added fuel to concerns Beijing is using Australia to dump electric vehicles.The growing number of Chinese electric vehicles entering the Australian car market has sparked concerns about dumping, with new claims suggesting as many as"40 or 50" brands could arrive by the turn of the decade.

The growing number of Chinese electric vehicles entering the Australian car market has sparked concerns about dumping, with new claims suggesting as many as"40 or 50" brands could arrive by the turn of the decade. Picture: Wang Feng/Xinhua/Zuma Press Complicating the issue in Australia is the fact that Tesla, which most consumers would assume is a US product, manufactures the majority of EVs sold in the country in its Shanghai giga-factory.

"Nobody can get to the bottom of what the actual FOV cost of these Chinese vehicles is at the port," he explained. In addition, Mr Gover revealed Australian importers were expecting"40 or 50 Chinese brands" would enter the market by the turn of the decade, with the flood of vehicles potentially destroying competition.

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Chinese electric cars flood Australian market, benefiting consumers but raising concernsChinese-made electric cars are gaining popularity as a cheaper alternative to brand names like Tesla, and Australia is benefiting from the increased supply.
ذریعہ: abcnews - 🏆 5. / 83 مزید پڑھ »