Hiphi had never pretended to make affordable cars for everyone. There’s BYD for that. The only carmaker that sells more expensive in China is probably Hongqi
Hiphi had never pretended to make affordable cars for everyone. There’s BYD for that. The only carmaker that sells more expensive in China is probably Hongqi
The new Avatr 12 has mapless driving now and the reviews I’ve seen seem to suggest that Huawei’s driving tech is still the best rn
This isn’t even sarcasm lol. It’s probably true
Am I the only one who thinks this looks like an overpriced L9?
It does seem to be a bit prevalent. It’s also obviously untrue. I mean it’s not their.fault they started growing much later than the Europeans and have lower wages. Or that they built up the entire EV supply chain
I’m assuming you’re being sarcastic?
It’s cheaper even without the price war. A combination of lower labour costs and economics of scale make Chinese EV’s cheaper in general and shipping costs, tariffs and dealer markups make them more expensive in Europe. This is also likely combined with the assumption that Europe’s higher purchasing power can be squeezed as much as possible to recuperate some of what they’ve lost in the bloody hell that is their home market. Even VW and the Germans do the same thing.
Also I wouldn’t say demand cratered. While it slowed, the shares of EV sales is still steadily rising. Pretty sure it’s nearly 40%.this quarter.
My biggest issue with the subsidies is the fact that Chinese EV’s aren’t all that cheap. Not only do they double in price when they get to Europe, but they are usually priced almost on par with their EU competitors
I love Hiphi but I wish this was a two door. They already have a sedan. Maybe they don’t want to compete with BYD and GAC