No one wants to chase the low end market in the US. Even if the tech pans out it just means more work faster resource depletion given the infra isn't there yet, and less profits. And then you think well a hybrid would fill the void better anyways if you have to sacrifice range for cheaper EVs.
> No one wants to chase the low end market in the US.
Geely, BYD and other Chinese manufacturers are chasing the affordable end of the global market, regardless of if US and EU manufacturers also do so or not.
Obviously they would prefer not; as it leaves the market wide open to them. Either they will also sell these affordable cars in the USA; or the USA will lose out.
But I expect Tesla and Hyundai/Kia will be there as well before too long.
