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More like $30K-$45 EVs from BYD. When you see the dollar price in China, double that to get the German or Australian prices and you could expect to pay at least
by asadotzler 2y ago
More like $30K-$45 EVs from BYD. When you see the dollar price in China, double that to get the German or Australian prices and you could expect to pay at least that much in the US if BYD builds cars in the US or Mexico where labor and transportation prices will hike the price even further.
Another way to think about this is BYD will undercut Tesla by 10% to win market. If a Tesla is $40K, the BYD might be $36K. It will not be $25K because that would cost BYD $11K they didn't have to sacrifice to win the sale.