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In the global automotive industry's race, electric vehicles are undoubtedly the mainstream of the future.
However, with the rapid transformation of the global market, the United States is quickly losing its leading position in this revolution, while China is leading this trend with unstoppable momentum. According to reports, U.S. media stated that the world's richest man, Musk, has abandoned the vision of launching affordable electric vehicles in the United States. Even if Trump is re-elected as president, it cannot be realized, as it is meaningless; the current state of the U.S. automotive industry cannot support this dream.
The affordable electric vehicles referred to here are ordinary electric vehicles priced at $25,000. The issue facing American car manufacturers is not that they cannot produce electric vehicles priced at $25,000 at all, but that they cannot produce electric vehicles priced at $25,000 that are practical; more critically, they cannot achieve mass production.