You may have recently been hesitating whether to invest in an electric vehicle. But when you saw the prices, you told yourself that you were going to hang on your old car some more.
Because yes, in Europe we have late in the field of electric vehicles. Review Moreover hurts compared to what is happening in China.
A more competitive industry in China
In fact, it is true that the prices of electric cars in Europe above than in other parts world.
In effect, average price electric car in Europe 55,280 euros. Compared to China, this price drops to 31,829 euros.
This can be explained by many reasons. First worries industry the electric car itself.
In fact, in China, production costs much weaker because everything is done that way localwhich is not present or not enough in Europe.
As Europe falls behind China on EVs, I can’t wait to see what their solutions are to be first
— LA
(@LionelAdeagbo) October 28, 2022
China plans to invest in Europe
The United States is trying overtake by using: Inflation Reduction Act. This allows manufacturers to have grant in the case of electric vehicle production if the battery developed on American land.
What to convince some brands to leave the Old Continent and emigrate to the United States. Some factories which should have seen the light in Europe, will never be made for these reasons.
Therefore, China has a significant advantage to the rest of the world. currently 2 of 3 models were made in China or design Chinese.
According to experts, China should have a monopoly on 60% market in 2035when the sale of thermal cars will become effective in Europe.
Profitable in the long run
Find is inexorable: Europe lags behind in this area. for potential customers French, so it’s hard to want to invest electric car.
Especially since current period does not allow expenses in the conditions of inflation astronomical sums.
However, you should see the purchase of an electric car on long term. Between less expensive insurance and price fill in less than that fuelprofitability of an electric car compared to a thermal car comes only after several years
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.