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In reply to the discussion: Chinese automakers want to come to US. They could be here fairly soon [View all]RoseTrellis
(141 posts)I agree that we have supported the bloated industry for a long time.
Regardless of that, they are cheaper partly because they pay their workers what be less than minimum wage in the US.
How can we pay our automakers a living wage, it be able to compete with subsidized EVs, or a nation that pays low wages so the labor costs results in a cheaper product?
All of the people who insist on being able to buy a cheap EV are blind to the fact that the end results is NO domestic automobile companies, because they will go out of business because their is no way they can be competitive and pay for American labor prices.
Chinese EV makers labor costs average around $585 per vehicle produced. This is much lower than US mainstream automakers at about $1,341 per vehicle, Japanese at roughly $769, and premium European brands often exceeding $2,000. The gap comes from hourly wages in Chinese manufacturing typically ranging $47 (sometimes up to $10 in coastal areas), versus $30+ per hour plus heavy benefits for US auto workers.