Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”
It’s not an apple with apple comparison though. People are willing to pay a higher price for EV when factoring in reduced maintenance costs, charging and ?? environmental benefit.
6 points
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Wealth inequality is growing worldwide, many of us cannot afford higher priced products when it comes to large purchases like cars and that’s not going to change anytime soon.
A phone as a luxury good, yeah it’s expensive but do-able. A non-cheap EV is like 10x the price of a phone however.
