Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000.
After discontinuing the production of vehicles powered entirely by internal combustion engines in March 2022, BYD has been at the forefront of the industry’s shift to EVs.
Honestly in my opinion it is time to remove all tariffs on EVs under 25k and let anyone who wants to fill that slot in. American car manufacturers refuse to fill the market need.
My thesis is that China is doing better. 50th in the world compared to 60th isn’t a celebration of their success.
China scores extra points because they make literally everything we all consume.
Can you concern yourself with how to do more instead of whataboutism?
We should celebrate China subsidizing BYD and solar technology