Originally Posted by
DeltaboundRedux
The Chinese electric car isn’t the US electric car.
“Wuling Mini EV” - sells in China for about $4,500. No, I didn’t forget a “0”. New electric car under $5k.
Plenty of China developed EV’s for under $10k.
Of course, you can’t purchase these in the US. Heck, with the tax coupon, the government would be paying you to take delivery.
Lots of directions this can go and stick to the sprit of the OP. Starting with “Why can’t I use the tax credit from US Gov to buy one of these for my kid as a starter car?”
The Wuling is built in partnership with GMC. Ask yourself why you can’t easily purchase one of these EV utilitarian vehicles when the rock bottom cheapest brand new gas car available in America is currently $1800+?
https://www.nerdwallet.com/article/l...-electric-cars
https://www.wired.com/story/review-w...guang-mini-ev/
(Yeah, the China one is a POS. I’ve had lean years making <$20k/yr with no transport and took the bus; I’d have killed for a <$5k car).
You’re leaving out a few things about your $5,000 car.
First, they were about $13,000, but the government subsidized about $8,200 per car… I know, still cheap
Second, they were built by people making only a few dollars an hour (don’t you talk about a living wage in one of your other posts?), you’re paying $13,000 so someone else can barely get by
Third, they only got about 62 miles to a charge when new, and have mostly been abandoned. If you add cleanup and disposal, I wonder what the true cost will be, even at the few dollar an hour rate.
These are cars built as recently as 2021. Just because your Nerd Wallet article is 2023, don’t believe that much has changed beyond cosmetics.
Here is a Bloomberg article on it, lest you accuse me of spouting oil company propaganda.
https://www.bloomberg.com/features/2...ev-graveyards/