Keep in mind, that $25k AUD is just $16600. And for that price, you're getting a real car with driver-assist features and a reasonable crash safety rating.
The US car manufacturers are cooked.
I think it's a little early to make that claim. Jim Farley is definitely paying attention, for example. He drove a Chinese EV for a year, IIRC, and on many occasions talked bout the challenges of competing with them.
I don't know what the real barrier to success will be, but I don't think it will be blindness. It may be difficulty competing on labor cost, but that's a good case for carefully applied tariffs to keep competition fair.
US manufacturers are fine because the US has a long history of economic protectionism. These cars are effectively banned in the US due to tariffs which protect US automakers.
That's because it's predatory pricing.
If these cars are to be sold in western markets, there needs to be strong regulation. Absolutely no digital data connections, for starters.
I heard from a friend he paid around $12k AUD for the cheapest new ICE car, Holden brand, which I guess proves the west can compete if they try?
Edit: Holden Spark.
> The US car manufacturers are cooked.
Biden put a 100% tariff on Chinese cars and then Trump added tariffs on inputs.
Americans are getting screwed!
US manufacturers are going to be ok as long as there are policies banning foreign cars and there are tariffs, which is going to be true for a long time.
And somehow US consumers feel comfortable paying more for worse cars.