Kia launches $20K EV5 electric SUV in China to rival Tesla Model Y
Kia launches $20K EV5 electric SUV in China to rival Tesla Model Y
Kia launched its new EV5 electric SUV in China Friday. With a starting price of around $20K (149,800 yuan), the...
You're viewing a single thread.
We couldn't even dream of a $20k EV in the US.
I might be making a bad assumption, but ya gotta love that cheap Chinese labor and massively reduced startup costs!
I can't find concrete info as to where this is primarily being produced, but seems pretty obvious.
Yeah, but it's not like a lot of stuff in the U.S. isn't already made by cheap Chinese labor.
Oh certainly, but it'd be better if they weren't, or more if the CCP wasn't keeping that labor as cheap as possible to poach manufacturing from countries that at least act like they have regulations and standards.
KIA's reasoning for not bringing this to the US was the Inflation Reduction Act's EV credits that incentivize US manufacturing.
Of course then you have to have that giant corporation "inflation tax margin" and everything just has to suck in different ways for everyone.