Originally posted by: Kevin Lewis
People who yeep this way don't understand that China's costs of production are far lower than ours. Of COURSE our Big Fat Auto industry couldn't make a $1500 EV. That's why we should import them...duh!
ANY manufactured product, if it can be made more cheaply elsewhere, we should just buy it from them and concentrate on making the products we do best. This is the Law of Comparative Advantage, a simple and elegant concept that nonetheless flies over most people's heads.
I agree the big three, as PJ mentioned, have no interest in producing high volume cars under 30k anymore. So let those folks in that do want to make them. A
sub 20k EV would be so life changing to the middle class and working poor. I just looked and less than 20k doesn't get you much in the used car market right now. Almost anything that runs, is under 20 years old and has 200k or less on the clock goes for that. The only other option is something from FB marketplace.
As far as safety concerns, BYD is already selling in Europe, Australia and other first world countries so I am confident they could meet US safety requirements.
I will say my F-150 has been pretty darn reliable. I wanted give my daughter my nice car, GMC Terrain, when she started college so I gave her that her last year of high school when one my neighbors was relocating to Florida and was wanting to sell his Truck before he left.
I paid a whopping $600 for it almost five years ago as he thought the transmission was going out. It wasn't. The cable just needed to be adjusted. When I bought the 2006 it had 175k miles on it. I put new tires, two new wheel bearings, two new rotors on and a few other odds and ends on it which ran me $1.5k. It hasn't needed anything other than routine upkeep since then and has about 275k on the clock now.
It still runs but if I wanted to continue to use it as a daily driver I'd have to put about 3k into it and given the amount of rust it has at this point it has been demoted to occasional trash hauling duties.