$NIO Inc.(NIO)$ BearishOverall (might be bullis for a New York minute[Great] . I'm just waiting for one of these Chinese EV makers to come up with an affordable small hatchback or vehicle that will appeal to lower income earners who currently drive used lower priced petrol engine vehicles. Are all these people going to have to catch public transport when the EV targets are enforced? What about people who live in an area where public transport is limited or nil?

What is the cheapest EV atm - does anyone know? The EV makers like$NIO Inc.(NIO)$ Bearish$XPeng Inc.(XPEV)$ Bullishand$Li Auto(LI)$ should be targeting affordable small vehicles (not these big SUVs and luxury models (considering China is our closest EV manufacturing neighbour). Right now a semi decent automobile will cost around $5000-$8000 used. Some even cheaper. These are the lifeblood of many Australians who need a car for work, single parents who can't afford the lowest cost EV. What will happen to them? Job losses. More people and kids on public transport (yay[Facepalm] )?! Has Australia really considered the impact of such a (I think) premature policy/implememtation? I don't believe many countries will have the capacity or resources to enforce the new EV targets given that imho I believe that the price range is still too high. And I can see a real market there for really affordable small EVs if they don't compromise on safety or security. And what about charging stations and how they will work given the EV targets are not that far away for most countries. Are petrol engines to be decommissioned straight away or given a time frame to swap? So many questions and I think most people didn't have much of a say in how things would change (and how quickly). Australian politicians who voted to pass this need to either subsidise the EVs to make them more affordable to the average citizen, or come up with a coordinated and cooperative plan with our Chinese EV manufacturers (if they haven't already) to ensure that lower wage earners, people on benefits etc. aren't left out of the EV "arms race"...