To buy an electric vehicle in the USA is an embarrassment for wealthy people. Almost every prominent car manufacturer in the USA has an electric car model. You can easily purchase a Nisan Lead or Chevy Bolt for less than $30,000. Moreover, you can also buy Porsche Taycan for around $200,000. Plus, you can get an electric pickup truck from Rivian, Tesla, or Ford and a medium-sized five-seater for Kia, Hyundai, or Volkswagen at a reasonable price. In short, there are many more, and it is pretty exciting. However, do you know what electric car you can not buy effortlessly in the USA? A changli Freeman. This electric vehicle is $1200, one of the world’s cheapest cars.
Changli Freeman has a top speed of about 25 miles per hour. Also, this car’s battery life is around 27 miles. It has a radio that plays MP3s, a roof rack, and a backup camera. You can use it for plenty of things other than transportation needs. Here, a question arises, ‘Why America is missing out on the best electric cars?’. To get a detailed answer to this question, keep reading this article.
Why is America Missing Out on the Best Electric Cars?
Many reasons can answer the question, ‘Why is America missing out on the best electric cars?’. One of the main reasons for this is that America does not have much variety in electric cars. For instance, America has 50 kinds of fully electric vehicles available, which seems like a lot. On the other hand, if we take the example of China, they have around 235 filings for virtually every possible excellent item in terms of price, technology, utility, price, and much more.
It is said that ‘Chinese customers in the vehicle market are the luckiest electric car customers in the world. Besides, if you think you can purchase these vehicles as you buy other Chinese-made products, then you are dreaming. The prime reason is that the USA’s sole shift to cleaner vehicles may be slower without China.
EV Affordability USA vs China
Let’s shed light on EV affordability in the USA vs China. If you look at the EV vehicle market analysis, the electric cars of China are getting cheaper. On the other hand, there is a reverse case in the US and Europe. According to JATO, the average price of electric cars between 2015 and 2022 has increased from $48,942 to $63,622 in the USA while going down from $66,551 to $31,702 in China. A more worrisome thing is that electric cars remain way more costly than gasoline, with 43% in the USA and 27% in Europe.
However, the balance is quite the contrast in China. In China, electric cars are already cheaper than ICE-powered cars by an impressive 33%. Now you know the electric cars cost comparison in the USA and China. We explained that electric vehicles in China are getting cheaper, and the reverse is happening in Europe and the USA. This is no wonder to General Motors, Ford, Mercedes, and Volkswagen shareholders. These have seen stock prices strike after ambitious sales targets for electric costs stumbled.
However, European customers will be more stressed than American customers. The prime reason for this is the Biden administration’s demands. They imply that electric car buyers can only claim a $7,500 tax credit if the batteries contain critical minerals from the USA and specific components made in North America. However, there are no such restrictions in Europe, although Europe, in examining China’s sale of electric vehicles, may need anti-dumping action.
Now, you should understand one of the primary reasons why America is missing out on the best electric vehicle?’. The lower prices of electric cars in China, as compared to other countries, make them more accessible to the average customer.
The Impact on America’s Transition to Cleaner Vehicles
merica’s lack of access to Chinese electric vehicles and limited choices of electric cars may restrict its transition to cleaner cars. As we said earlier, 50 types of fully electric vehicles exist in the USA. On the other hand, China possesses 235 models. These models entertain every possible niche: utility, luxury, price, and technology. An expert on the Chinese car market said China’s customers are lucky to have a wide variety of electric cars to select from.
However, for Americans, the ambition of being capable of buying these electric vehicles quickly needs to be made available. This inability to purchase the best electric cars from China could slow Americans’ struggle to adopt cleaner transportation.
Conclusion
You may have gotten the answer to the question, ‘Why is America missing out on the best electric cars?’ We have given you the reason America is way behind China in electric vehicles. The first thing is the US electric car pricing compared to China. EVs are way more expensive in the USA than in China, which makes it hard for Americans to buy high-end electric cars.
Another primary reason for the high cost of electric cars in America is that they do not hold the raw materials needed for the battery production of electric vehicles, unlike China. Moreover, compared to China, there is a limited variety of electric cars in America. This is also why America needs to improve in electric vehicles like China. In the future, Europeans and Americans will work on these shortcomings and beat China in this competition. Feel free to answer ‘Why is America missing out on the best electric cars?’ for these reasons.
I am Muhammad Waqas and I am dedicated to promoting sustainable vehicles. Observing EV trends, studying the intricacies of the EV industry, and promoting new EV launches fall under my expertise. I have been working in this field for 5 years and making efforts for a sustainable and healthier future.
The comparison between the EV markets in the USA and China highlights significant differences. China offers a wider range of affordable electric vehicles, including options like the Changli Freeman, not readily available in the USA. Factors such as lower production costs and diverse consumer preferences contribute to China’s advantage. Addressing these disparities is crucial for the USA to accelerate its transition to cleaner transportation.