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A significant development highlighted is the influx of Chinese-made EVs into the Australian market. Several brands—many of which are unfamiliar and difficult to identify—are entering the scene rapidly. While some of these vehicles are praised for their safety, advanced features, and driving experience, the concerns about their long-term viability are substantial.
The speaker warns that if a Chinese EV brand fails or pulls out of the Australian market, owners could face serious challenges. These include difficulty in obtaining spare parts, high insurance costs, and potential depreciation issues—selling or insuring the vehicle could become problematic when the brand no longer exists locally.