A GM joint venture is topping Chinese EV sales where China is the worlds largest automarket:
Wuling Hongguang Mini EV - Wikipedia
en.m.wikipedia.org
For use where?I've played around with buying a container of the gas-powered Wuling mini mini vans and trucks on my last trip to China. They are some of the best quality out there and you can buy them used for $1000-$1500 each all day long. Well, at least they were 2 years ago.
Can they be street driven?For me, just hauling junk around on the property I own. A true beater. Unfortunately, container rates have killed the possibility of buying them cheap.
Lots of buyers for them though here in the states.
In a few states they can with restrictions.Can they be street driven?
Let's see if GM will ever be "killing it" here in the US with their EV's.
A journalist compared the recent film footage of GM's newest EV assembly line with the drone footage of Tesla's Gigafactory in Austin.
He said GM's factory looked state of the art. For the 1980's that is.
Yeah, what drives car prices so high in the USA is availability of credit.Wow! It's unbelievable that someone can/would make a car for such a low price.
I think it's cool that they are making a car that is affordable for the masses.
When I was a young man, I sold cars at a Chevrolet/Oldsmobile dealership. Most car loans were written for 36 months. Our credit manager considered customers who wanted 42 or 48 month loans, to be making a high risk decision. Now, 72 and 84 month loans are common place. Anything to keep up with the neighbors, and expected social standing.Yeah, what drives car prices so high in the USA is availability of credit.
People used to go by the price of a vehicle they were going to buy in the USA and many cases pay cash for vehicles but smart marketing has turned the US consumer to what the monthly payment will be and they load up the car with options and max profits for the car manufacturers and dealers.
USA Cars are packed with options, anything sent here is max profit vehicles, USA car exporters sell more "stripped down" models overseas where credit not as easily available.
We as a nation are fat on everything, including credit.
Credit is a funny thing, but ultimately it is a tool. It allows one to gain an asset using someone else's money.Yeah, what drives car prices so high in the USA is availability of credit.
People used to go by the price of a vehicle they were going to buy in the USA and many cases pay cash for vehicles but smart marketing has turned the US consumer to what the monthly payment will be and they load up the car with options and max profits for the car manufacturers and dealers.
USA Cars are packed with options, anything sent here is max profit vehicles, USA car exporters sell more "stripped down" models overseas where credit not as easily available.
We as a nation are fat on everything, including credit.