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Fear of cheap Chinese EVs spurs automaker dash for affordable cars
(www.reuters.com)
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this post was submitted on 10 Dec 2023
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Honestly, just take a basic normal car, and replace its engine with an electric one. No on screen entertainment, no cameras, no AI bull shit, no self driving. Just as basic as it gets.
What's the incentive? Most people will have to buy a car anyways, so without a different incentive, it's better for every manufacturer to sell you a 60k+ car where the margins are way higher. If profit is the sole motive it's a no brainer.
The incentive is going to be undercutting the competition. It's going to happen someday, might as well be you, car company.