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Joined 11 months ago
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Cake day: December 26th, 2023

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  • With the $7500 credit, the Bolt is the same price or slightly cheaper than the Fit when you account for inflation.

    China is able to sell these vehicles for this cheap because the government is giving these companies cash to sell them at these artificially low prices. That’s the whole point of this discussion and the proposed tariffs as none of the competition will be receiving subsidies at these levels in order to compete. China is also known for lax worker protections which helps to drive the costs down further at the expense of the workforce and is not something they’ll be able to do if they manufacture here.


  • The added price is likely partially due to the development costs for these companies retooling their factories and doing R&D to develop these new platforms in a company that has been building ICE vehicles for the past 50-100 years. Luxury vehicles bring a markup that helps to offset these costs until these vehicles become more ubiquitous, parts are easier to source, and prices come down. You can’t compare the cost of a brand new design to something like the Camry which had the general design ironed out 40+ years ago.

    If you look at sales numbers, the Model 3 is outselling the cheap alternatives like the Leaf and Bolt 20:1, so it seems like many people are willingly choosing to pay more rather than buy the econobox option. The average sale price for a (any) new vehicle is around $50k currently, and there are a multitude of options in that price range.




  • Not exactly true when they’re selling them for $10k-$15k. The Bolt is comparable to a Chinese EV and they only sell around 2k per month while something like the Model 3 sells 50k per month.

    If you lowered the price of the Bolt to the price of a 10 year old used Camry, I’m sure it would sell a lot better but this is an artificial price that completely distorts the market and puts a lot of people out of work for what amounts to a temporary savings. This is the whole point of tariffs. They level the playing field for everyone.