Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla
finance.yahoo.com
The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”

Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”

  • Zrybew@lemmy.worldEnglish
    42·
    10 months ago

    That’s true for every consumer product. The key here is segmentation and (re)positioning.

    Today cellphones are the cheapest they have ever been. Still, iPhone was never more expensive.

    BYD and cia are not only building a cheaper product, they’re also building better ones at their price range.

    • Deceptichum@sh.itjust.worksEnglish
      31·
      10 months ago

      iPhones are not better product than other phones though, so building a better product wouldn’t matter in that example.

      They’re building the only ones at that price range because other than Tesla, BYD is the only producer that builds their own batteries.