I’ll give Chinese EV sales another few years to tank. While they are cheap, they are…cheap and not built to last for typical 8-10 year cycles of legacy car makers. Most Chinese buyers get rid of them in 36 months, and they have zero resale value.
But they are only cheap because they are being dumped into Europe below cost. No way is BYD or Geely sustainable with $30B in hidden debt.
10 years from now, these TEMU cars could have a following for ultra cheap transport, assuming they can keep running.
And don’t flame me with YouTube car reviews, those clowns cheerlead everything and NEVER talk about long term reliability.
I’ll give Chinese EV sales another few years to tank. While they are cheap, they are…cheap and not built to last for typical 8-10 year cycles of legacy car makers. Most Chinese buyers get rid of them in 36 months, and they have zero resale value.
But they are only cheap because they are being dumped into Europe below cost. No way is BYD or Geely sustainable with $30B in hidden debt.
10 years from now, these TEMU cars could have a following for ultra cheap transport, assuming they can keep running.
And don’t flame me with YouTube car reviews, those clowns cheerlead everything and NEVER talk about long term reliability.
They aren’t even really cheap when you buy them here, cars that are sold for 10k in china cost like 45k by the time they’re at dealers near me…