Comment Re:EVs are acting as economists expect ... (Score 1) 346
Those vehicles don't meet US safety standards and are severely underpowered compared to anything on the US market (vehicles like the BYD Seagull and Wuling Bingo put out something like 70-75hp and have top speeds in the low 80s). Given that the primary aversion to EVs in the United States remains range and charging related, their relatively tiny batteries and low ranges are likely deal breakers as well.
Update it for the market, and you're probably looking at something in the low $20s or maybe just south for a barebones trim. I fully expect established automakers to be hitting those segments within the next couple years (or even next year, factoring in tax credits).
What I find more interesting at the bottom of the market isn't cheap cars; it's cheap car alternatives.