this post was submitted on 27 Feb 2024
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Apple Cancels Work on Electric Car, Ending Decadelong Effort (www.bloomberg.com)
submitted 8 months ago* (last edited 8 months ago) by [email protected] to c/[email protected]
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[โ€“] [email protected] 11 points 8 months ago (1 children)

There's a tidal wave of "cheap and good enough" Chinese EVs starting to sweep the global market, fulfilling pretty much what you said. The new BYD Qin retails for $15,000.

If the US puts up protectionist trade barriers, the US auto market will turn into an enclave of gas guzzling SUVs, totally divorced from the rest of the world.

[โ€“] [email protected] 1 points 8 months ago* (last edited 8 months ago)

the US auto market will turn into an enclave of gas guzzling SUVs, totally divorced from the rest of the world

Already is lol. Ford I believe sells one car in the USA now, the Mustang. But they still sell plenty of cars overseas, including things like the Focus ST Estate that we never got here.