194 Trump was right again! He Xiaopeng, the CEO of XPeng Motors in China, predicts a “bloodbath” against America’s auto industry with the help of cheap China-made electric vehicles! (www.breitbart.com) posted 276 days ago by CasuallyObservant 276 days ago by CasuallyObservant +194 / -0 Chinese Auto Executive: 'Bloodbath' Coming for American Auto Industry CEO of XPeng Motors predicts a "bloodbath" against America's auto industry with the help of cheap China-made electric vehicles. 104 comments share 104 comments share save hide report block hide replies
The auto industry needs to compete if they want to stop this.
Just a few years ago you could get a new Nissan Versa for about 11k, even something like a new Miata was 25k, you could get an F150 for 25k.
MSRP on that versa is 16k right now, any minor features take it to 20k. That is Nissan's lowest tier offering.
Puts it all in perspective