Chinese electric vehicles (EVs) are generally considered cheaper than those from other countries due to a combination of factors including: government subsidies, low labor costs, economies of scale in battery production, a well-integrated domestic supply chain, and intense competition within the Chinese EV market; essentially, China has heavily invested in its EV industry, allowing them to produce high volumes of affordable EVs with lower production costs compared to other nations.
Chinese electric vehicles (EVs) are generally considered cheaper than those from other countries due to a combination of factors including: government subsidies, low labor costs, economies of scale in battery production, a well-integrated domestic supply chain, and intense competition within the Chinese EV market; essentially, China has heavily invested in its EV industry, allowing them to produce high volumes of affordable EVs with lower production costs compared to other nations.
