The Wall Street Journal reported today (May 10th): "Toyota has launched an electric SUV, the Platinum 3X, priced at around 100,000 RMB in China, which is only about $15,000 USD. This reflects the great differences between the two major automotive markets of China and the United States. Automotive executives once dreamed of creating a world car that could be designed once and sold globally. But that world has already fragmented."
[Smart] Comment: With the same configuration and the same brand, American consumers have to pay more than twice the price. The Toyota Platinum 3X enjoys a lower price in China and other countries except the United States. The reason behind this lies largely in the tariff policies and industrial policies of the U.S. government. Such policy orientation not only forces American consumers to bear higher prices but also weakens America's competitiveness in the global automotive market.
Original article: https://www.toutiao.com/article/1831714787093764/
Disclaimer: The article solely represents the author's personal views.