$10K For A New Car? How China’s Low-Cost EVs Could Disrupt the Global Auto Market

Doug McIntyre and David Callaway discuss the rapid advancements in electric vehicle (EV) technology, particularly in China. BYD, the Chinese EV giant, has unveiled a $9,555 electric car equipped with AI-assisted driving technology that rivals Tesla’s. While the U.S. slows its EV investments, China is aggressively expanding, potentially dominating global markets. With Europe considering Chinese EV imports, German automakers may negotiate factory deals to maintain jobs.