The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
Mexico is just across the boarder, and US car makers already make their stuff there to save cash. Mexico has a pretty low unemployment rate right now, so pushing even more labor demand their way would help improve a lot of peoples’ lives by lifting salaries.
But a lot of the cost is in battery manufacturing, not assembly. We need to experiment with sodium-ion batteries to bring those costs down for economy-class cars, just like China is. Maybe $10k is too little, but $15-20k should be feasible for a very basic car.
Mexico is just across the boarder, and US car makers already make their stuff there to save cash. Mexico has a pretty low unemployment rate right now, so pushing even more labor demand their way would help improve a lot of peoples’ lives by lifting salaries.
But a lot of the cost is in battery manufacturing, not assembly. We need to experiment with sodium-ion batteries to bring those costs down for economy-class cars, just like China is. Maybe $10k is too little, but $15-20k should be feasible for a very basic car.