Part 6/12:
The potential reach of Chinese EVs into markets such as Brazil, Southeast Asia, and Africa is immense. Prices for Chinese-made EVs are expected to hover around $12,000–$15,000 in these regions, making them accessible to consumers with lower income levels. The success of Chinese EVs in Southeast Asia is already evident; Chinese automakers have begun capturing market share in Thailand, where Japanese manufacturers once held a near-monopoly for decades.