Americans' Reluctance to Cheap Chinese EVs
Despite China's dominance in the electric vehicle industry, with over 100 brands, Americans remain hesitant to embrace cheap Chinese EVs.
A recent poll by the University of Chicago and AP-NORC found that most U.S. consumers prefer vehicles made in the U.S.A., even if Chinese cars are $10,000 cheaper.
- Two-thirds of Americans would pay $500 more to buy a U.S.-made vehicle.
- The preference for U.S. cars narrows as the savings increase.
Chinese cars have features that would impress the average U.S. driver, but at a lower price point than American or European competition.
Author's summary: Americans prefer US-made EVs over cheaper Chinese options.
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