And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
Again, you are quoting sales of a car that was discontinued 2 years before your sales numbers.
In 2023, the year the Bolt was discontinued, they sold 23,000 Bolts. Yes, that’s far fewer than F150 numbers, but it is more than all EVs sold in the US by Audi and BMW combined in 2023. It sold more than any other EV besides Tesla.
But yeah, keep using the Bolt as an example for why cheap EVs don’t sell.