Electric Cars Are Suddenly Becoming Affordable

The opposite.

Chinese EVs are dumping because China's economy is collapsing, forcing them to dump prices because there's not enough Chinese demand.

China is now exporting all of their excess inventory to Europe and beginning to make plans to export all this inventory to the USA. And USA is rejecting it.

China has overbuilt their EV market, and continues to over-invest and builld too many EVs. USA is already pissed off at this turn of events, and European politics are beginning to grow more protective as they are also seeing this ridiculous amount of inventories come over to their countries.

China bet too much on exports and has begun to piss off everyone else.

About as affordable as living in new york.

Reminder that your taxes pay for the subsidies that make the prices on EVs even anywhere near that "affordable" range.

China's economy isn't collapsing, but it is contracting, and it is simply smart economic policy to stoke production vs unnecessary consumer demand domestically.

Global light vehicle market is almost 90 million units/pa. Ship every unit you can to every market that will accept those units (Tesla does this today, recalibrating exports as demand and incentives change; China built units are currently being offloaded in Canada due to demand sag). Of course you're going to have less sophisticated economies (who did not prioritize rapid investment in building EV manufacturing capacity up) upset you made prudent supply chain and manufacturing investments while they allowed their domestic concerns focus instead on profits (see: near term historical developed automaker share buyback volumes). If the US and Europe close their markets to Chinese EVs, Chinese EVs will consume any overseas TAM US and Europe automakers had a chance at (Mexico, Central and South America, parts of Asia and Africa, etc).

Global factory to the world being the factory to the world and the unsophisticated are all surprised pikachu. US economy is only ~18M units/pa, Europe ~10.5M units/pa, the rest of the world (~60M units/pa) is for the taking under strong trade protectionism regimes. This ignores the potential global TAM increase due to lower cost EVs inducing previously unaccounted for demand.

They might be more affordable now but accessibility I think is still low because of charging infrastructure. I live around a bunch of apartment complexes, probably 1,200 units between 3-4 properties, and none of them have charges available. I always say the issue is not getting homeowners to adopt electric cars because they largely have garage spaces where they can install chargers, the issue will be getting adoption to folks living in apartments and other places where you cant just install a charger. How will those folks charge their cars?

Many EVs don't qualify for subsidies (for example, Hyundai/Kia EVs that are financed, and not leased).