I don't know if this link will work, but Moody's just released a statement that almost half of US states are in a recession. Closer Look on GPB had a Moody's economist on their podcast today:
Episode webpage: https://omny.fm/shows/closer-look-with-rose-scott/moodys-analytics-says-georgia-nearing-a-recession
"The car is cheap because money is free" is what the article is basically saying: China provides no-interest loans to EV manufacturers.