As EV costs tumble in China, an export wave builds

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Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price.

China's largest EV makerthis week the Seagull at the Shanghai auto show, shocking analysts and rivals with the car's specs: a battery range of more than 300 kilometers and a starting price of just over $11,000 – about a quarter of the price of most EVs now on the market in Europe.

But the Shanghai show and the Seagull highlight a related dynamic: Chinese automakers are now leading the world in making EVs that compete on price and technology for the average budget. “I think an attractive car for Chinese consumers will be an attractive car for a European consumer,” he told Reuters.

 

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Disposable cars. Battery replacement will be more than the car value. They should not be allowed for sale in Europe, US,… China wants to flood the market with their cheap crap undercutting competition.

“BYD has not announced export plans for the Seagull, which is priced below what is now the best selling EV in China, the BYD Dolphin, which is priced from 116,800 yuan ($17,000) in China. BYD will start delivering Dolphin in Europe from the fourth quarter.”

Why so grumpy?

Americans are just not flocking to Ev's.

China seems to have an advantage in electric vehicles, and the cars made in China should be easy to use

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