BYD could give us this tomorrow, at the cost of completely gutting and decimating domestic American manufacturers, who are unable to actually compete on price and performance for various reasons.
The problem is not inflation, it’s that America sucks at manufacturing low cost electric vehicles. BYD has demonstrated that tenfold
The U.S. could do this too with the same amount of subsidies the CCP poured into their EV industry I suspect
America sucks at manufacturing anything that involves paying a wage because countries like China can undercut them. Even if we could the Chinese govt would fund the undercutting like they are with BYD.