Stirring up trouble: How Cheaper Chinese EVs could rock Auto Industry

Douglas McIntyre, editor-in-chief of Climate Crisis, explains that Chinese electric vehicles — already the most affordable in the world — are becoming even cheaper due to internal competition and reduced parts costs. With typical EVs in China priced at less than $20,000, the cost gap between Chinese EVs and those from legacy automakers like Ford and GM is widening, spelling trouble for traditional car manufacturers struggling to catch up in the EV market.