Biden needs to decide if he likes the climate more than he hates China.
  • filoria@lemmy.ml
    11·
    9 months ago

    It costs more to own because it loses value more quickly… You mean, like all EVs? Or were you talking about the car losing half of its value the minute it drives off the lot?

    • fine_sandy_bottom
      1·
      9 months ago

      It’s a problem with targeting this market segment.

      Suppose you want a new car, and can choose between 3 options:

      • a new, reliable Japanese branded car for 100 dollaridoos
      • a new, Chinese no-name for 60 dollaridoos
      • a 5 year old, reliable Japanese branded car for 60 dollaridoos

      The people that buy the Chinese car are heavily motivated by two things: they’re price sensitive, but they want a “new” car.

      Therefore, no one wants to buy a second hand Chinese car.