EV: expensive and high quality or cheap with limited performance? Tesla or SAIC?

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A kind of narrow four-seater 500 that does only 100km / h and with limited range produced by the Chinese SAIC, price $ 3,200- $ 5,000 sells twice as much as the Tesla Model 3 which costs $ 39,000, practically 10 times more.

Welcome to the world of Chinese electric cars, where those with scale have lower average costs, lower average costs mean more profit, more profit means more cash available for investments and more investments mean more Research & Development, and therefore higher quality.

Here is the trick that China always manages to do: transform quantity into quality … and it is real trouble for those who, misinformed by our “media and experts” always think that “eh, but they make low quality products”

Full article from BBC

https://www.bbc.com/news/business-56178802

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