" EV sales have plummeted in China on the back of reduced consumer spending while trade tariffs imposed on the country by the United States and mooted by Europe have hurt EV exports, he explained.
In Australia, a lack of trade tariffs and a view that it’s still something of an untapped market have seen major Chinese players, particularly BYD, send more models and more stock here.
“I think Australia looks like a really attractive market,” he said.
“One-in-10 cars sold here are EVs. There’s a lot of activity from Chinese brands and so more and more choice is coming to market.”
More competition inevitably means lower prices. "
https://www.news.com.au/technology/motoring/motoring-news/cant-sell-its-cars-horror-news-for-tesla-owners-as-prices-plunge/news-story/749f5f80c8592e5d90921e566c6abcba
Tesla graveyard, page-27
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