The Rising Influence of Rising Affluence

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That's fairly consistent for ICE models in US, EU and Japan. China EV development cycle seems to be half of that but then batteries are off the shelf via CATL and BYD. There are now hundreds of EV models in China and a bunch of companies that China.ccp wants to stay afloat. TM cut BZ4x to 20K from 29K USD in china and still not selling. Audi doing almost similar % discount to move their lux EV,