The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
Not true. Most products aren’t the cost of the materials. There are a lot of included expenses in the price of a product like the cost of labor. They’re also not the same cars.
Not true. Most products aren’t the cost of the materials. There are a lot of included expenses in the price of a product like the cost of labor. They’re also not the same cars.