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The Model 3 in China is only ~$30k. Stuff is just cheaper in China. I highly doubt BYD could sell a car in the US for $20k.
by onlyrealcuzzo 3y ago
The Model 3 in China is only ~$30k.
Stuff is just cheaper in China.
I highly doubt BYD could sell a car in the US for $20k.
- valianteffort 3y agoThe model 3 in china is also using chinese packaged LiFePo4 batteries as required for the deal Elon managed to work out (Tesla maintains 100% control of their chinese business). This reduces the price but at the cost of range.
- deleted 3y ago[deleted]
- idontwantthis 3y agoIt would make sense that the higher competition pushes all prices lower. If China had access the US market prices for all vehicles would drop there too.
- rootusrootus 3y ago> I highly doubt BYD could sell a car in the US for $20k. Yeah I see no way that happens. They have no dealer network to fall back on, so they have to either partner with someone already established, or they have to try and spin up a mobile service network like Tesla did. That costs money, and isn't going to happen while selling $20K cars.
- Red_Leaves_Flyy 3y agoAmazon enters the chat. Or Walmart. Hell, even Costco could play well here.
- ddxv 3y agoI doubt the US would let BYD sell cars openly in the US. China related company's no longer have level playing fields in the US.
- throwaway4good 3y agoI think Volvo is going to try to sell their Volvo EX30 in the US. But yes; in practice the US have banned Chinese EVs by a combination of subsidy policies and import taxes. The 2025 Volvo EX30: Priced to Tempt Americans https://spectrum.ieee.org/volvo-china-electric-car https://spectrum.ieee.org/volvo-china-electric-car
- avar 3y agoVolvo is a Chinese car company.
- throwaway4good 3y agoIt is a multinational company with Chinese owners, headquartered in Sweden. Used to be owned by Ford.
- onlyrealcuzzo 3y agoThat's a quite reductionist view. Just because a Chinese holding company owns something doesn't mean it's a "Chinese company".
- tuatoru 3y agoIt's on its way to being a Chinese-owned brand. Just like MG, which is now a brand owned by Shanghai Automotive Industrial Co. Or Jaguar Land Rover, owned by Tata Industries. It's only a reductionist view in the very short term.
- hef19898 3y agoBoth, Volve and JLR, are actually hreat examples of what can happen when the rich owner doesn't interfere with operations. JLR all of a sudden is doing great, building great cars as a kind of nieche luxury brand. Volvo the same. None did particulary well under Ford's ownership. Sadly, Saab was killed by GM before it could be saved. In fact, JLR and Volvo were more "brands" under Ford ownership, as compared to now where both are independent car makers.
- glenngillen 3y agoLots of variables at play here, so obviously this isn’t a perfect comparison. But… BYD has a presence in Australia. Cheapest car here is AUD$39K. Meanwhile a Tesla Model 3 starts at AUD$69K.
- tuatoru 3y agoIn NZ, MG (brand of SAIC) EVs are going great, because they're cheapest. (MG also sells hybrids still for the rural market here.) BYD is doing well too. Great Wall Motors (Haval, GWM brands) is trying to push hybrids here. China already has its own legacy manufacturers like Toyota or Volkswagen.
- pjc50 3y agoI doubt they would be allowed. Even European carmakers find the non-tariff barriers hard to navigate. There's all sorts of "gold plated" minimum requirements like wireless tyre pressure sensors that add significant cost for very minor safety improvements.
- idiotsecant 3y agoYou say 'gold plated' I say 'written in blood'. Tomato to-mah-toe.
- xorfish 3y agoIf the US were serious about road safety, they would change the roads and streets to be more safe and tax 1500+ kg vehicles into oblivion.
- pjc50 3y agoThe US is not doing especially well on road safety: https://bigthink.com/strange-maps/road-deaths-us-eu/ https://bigthink.com/strange-maps/road-deaths-us-eu/ This is because the "safety" measures focus on cars and drivers, while everyone is switching to "truck" vehicles that are less safe for pedestrians.