The $10k Chinese EV is only $10k in China. When localized for other markets, it’s much closer to the same price as all other EVs. Some of this is tariffs, but there’s a bunch of changes they need to make to meet safety requirements. Even the $15k Seagull they talk about in the article is expected to be the cheapest offering in Europe, eventually, and they’re aiming for 20k Euros, which is 30k CAD.
No such thing.
The $10k Chinese EV is only $10k in China. When localized for other markets, it’s much closer to the same price as all other EVs. Some of this is tariffs, but there’s a bunch of changes they need to make to meet safety requirements. Even the $15k Seagull they talk about in the article is expected to be the cheapest offering in Europe, eventually, and they’re aiming for 20k Euros, which is 30k CAD.