I’m super conflicted about this. I want cheap EVs, but at the same time, China is intentionally dumping their prices to kill competition so they can later jack it up.
The opposite of dumping is happening. For example the Kia EV5 is sold at [$20k in China](https://electrek.co/2023/11/17/kia-launches-20k-ev5-electric-suv-china-rival-tesla-model-y/) while the same made in China model is sold overseas [Starting at $46k](https://electrek.co/2024/04/04/kia-set-to-export-this-all-electric-suv-at-a-price-that-undercuts-tesla/)
Well at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.
I’m super conflicted about this. I want cheap EVs, but at the same time, China is intentionally dumping their prices to kill competition so they can later jack it up.
The opposite of dumping is happening. For example the Kia EV5 is sold at [$20k in China](https://electrek.co/2023/11/17/kia-launches-20k-ev5-electric-suv-china-rival-tesla-model-y/) while the same made in China model is sold overseas [Starting at $46k](https://electrek.co/2024/04/04/kia-set-to-export-this-all-electric-suv-at-a-price-that-undercuts-tesla/)
KIA is also dumping. Those prices are not sustainable. Doesn’t make it right if others are doing it.
Well at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.