With all due respect, IMO, you don't understand the auto market in Aus.
-competition moderates price (exception: Government interference with tax)
-no car manufacturer will launch a new model on the Aus market without
exhaustive research because it costs millions in ADR certification, product
particuluarly in the outback, provision of parts/service and the extra ad/
promotion programs to raise consumer awareness.
Generally this works with the odd exception which is catered for in overall
risk provisions .
WW2 successive Australian Governments protected our local car manufacturing
by a number of measures including import tariffs , governments' preferential buying
taxpayers' funded subsidies to the foreign owned local manufacturers,
FTAs ended all that . in the 0es we embarked on a series of FTA which
favoured our exports (particuluarly ag) in exchange for the removal of
tariffs, some of which were with the USA, Japan,Korea, Thailand & China..
all major auto manufacturers. This together with the scaling down of
grants (corporate welfare) to the local manufacturers post the GFC
put the final nail in the auto manufacturing coffin.
Since then we've seen a proliferation of import makes/models not the least
from China .
That said, our EVs now rely on China for batteries and electronic components and
in fact, our top selling EV, the Tesla 3, is manufactured in China.
IMO, over time , Chinese companies , whether inside or outside China will
dominate the evolving EV market simply because the economy of scale
& the Chinese Governments "Made in China 2025" program which
among other manufacturing/R&D, features auto manufacturing
Expand
). They should, it is after all their business to. Sales of EV's have slumped as many are left on the car lots with buyers drying up despite multiple thousands of government subsidies. Thousands of dealers sending a request to slow the governmental push into EV's:
