7,000-Mile Dodge Charger EV Lost $50,000 in Value After Just One Year.
don't think anyone will buy them
just like the chinesse dirt bikes
sure they will sell a few but not many
From what I've heard, the $12,000 Chinese EVs are about the size of a Fiat 500 or a little smaller, the cost to bring them up to safety standards outside of China seems to bring the cost up to more like $20,000 (perhaps there's also some subsidies going on that they can't use on exports), many seem to have the battery die in less than 10 years, and getting repair parts outside of China is a nightmare. So the super cheap Chinese cars, if they show up in Canada, aren't likely to be an unstoppable threat as much as something a few people desperate for a new car pick up. Addressing these issues will, of course, bring up their costs.
But on the other hand, Detroit made a lot of missteps that let the Japanese manufacturers get established in the US. They neglected the low priced, high fuel economy segment for a long time, then when they realized their mistake, rushed new cars to market too fast. GM swung for the fences with the Vega, loading it up with bleeding edge technology like a sleeveless aluminum block. Naturally, the blood on the bleeding edge turned out to be their own. The Ford Pinto could have been decent if it weren't for the memo putting it in writing that settling a few lawsuits would be cheaper than protecting the fuel tank. Chrysler tried to import British cars before importing Mitsubishis. And AMC just chopped the tail off the Hornet.
It looks like they might make that same mistake again with a lack of good entry level cars.