Quote:
Originally Posted by Martinjlm
This is why the current US direction towards isolationism in the auto industry is a dangerous long term path. Keep in mind the average price of a new vehicle in the US is between $49 - 50k.
Look what's already available in two markets that are LARGER than the US market at a price of $47k. Parts of the Inflation Reduction Act that was focused on the automotive industry was put in place to allow domestic automakers to accelerate their development of vehicles to compete against vehicles like this. Now we are in a position where some automakers will lag in their ability to develop vehicles to compete.
https://youtu.be/Mb6H7trzMfI?si=D_itFXHC9KcGjy3q |
I do not put this blame on just the Automakers. The US Consumer (which to be fair this is not to fault them but they provide demand) politics and the Automakers. I still believe to this day that if California didn't put in the EV mandate then we probably would not be in this situation and there would be more consumer demand. I AM NOT TRYING TO MAKE THIS POLITICAL. I am just saying if things were allowed to naturally happen we would live in a US where ICE and EV would co exist more freely without the resistance you see now.