What happened to China’s overseas EV factory boom?
… Much of the world is seeing EV prices fall thanks to cheaper Chinese models, while the average price of an EV in the U.S. is more than double what it is in China. …
… Much of the world is seeing EV prices fall thanks to cheaper Chinese models, while the average price of an EV in the U.S. is more than double what it is in China. …
… Chinese brands are too competitively priced to shut out, so governments in Asia and Latin America are setting terms to let them in. …
… We talked about Silicon Valley issues: housing prices, Tesla’s self-driving feature, and which hotpot restaurant Jensen Huang had visited Feng Hotpot in Sunnyvale . …
… Prices regularly run from $15 to $60 apiece. …
… That pressure could prove destabilizing, giving founders the means, the incentive, and the dubious confidence to grow faster than they could sustain. “When you get easy money, you’re not serious about how frugal you need to be or how well you need to do before spending it,” said one former executiv… …