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Mexico joins EV market with first domestic car brand
(newsus.cgtn.com)
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this post was submitted on 02 Nov 2024
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China's car are cheap because they have good robotics. This is hand placing and wiring batteries into a good looking car, but the body may have a lot of manual labour too.
US or Europe could manufacture a car with these specs for $20k. Even with more expensive batteries.
Though the US/EU being slow at making $20k or $30k cars does mean there is this market opportunity for this in MX.