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Joined 1 year ago
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Cake day: October 25th, 2023

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  • Yes, like I said in another thread. Even at such low asking prices, they’re not competitive enough in China for what they’re offering. The ID.3, 4 and 6 have to be heavily discounted further in order to sell. The ID.7 is running straight into half a dozen of 800v-capable, LiDAR equipped Chinese sedans and is considered by the Chinese media to be obsolete even before release. Believe it or not, it will not fare well for $33k, as we shall see soon.

    The point is they’re updating the models and upping the competition in China at unmatched pace. Chinese makers today typically build a new EV, from scratch to serial production, within 24-36 months. Seems like VW has realized that they really have to put R&D there and navigate the extensive local supply chain to just keep up with that and stay in the game.





  • The big subsidies ended last year. What remains is 100% tax exemption for BEV and occasional regional subsidies for $1,000-2,000, but neither get to be written as MSRP.

    This simulator may help you get an idea on how cheap an EV can get by manufacturing in and sourcing from China. As usual, it’s cheaper land, logistics, storage, energy, labor, plus the unparalleled economy of scale AND extremely fierce competition working here.

    People can bury head in sand believing it’s “just cheap labor, IP theft and cutting corners”. Well, the deeper they’re entrenched in the idea, the further they’ll be left behind.