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What amazing is that in China there are many companies with popular EVs just driving around merrily, many of which are barely heard of outside the country. BYD
by gravescale 2y ago
What amazing is that in China there are many companies with popular EVs just driving around merrily, many of which are barely heard of outside the country. BYD obviously, but also Aion, Leap, Nio, XPeng, it goes on, plus the "old" car companies like Chery, Geely, SAIC, etc. Even Volvo has an electric minivan now in China.
You can have a completely fine EV for maybe 10 thousand US dollars, and a pretty great one for 20. And they're
often car-shaped cars or people carriers rather than a blobby crossover or fake-macho SUV (though the rather compensatory Tank, no really, that's the name, hybrids kind of balance it out)
- aurareturn 2y agoYes, when I went to Shenzen in late 2023, I was shocked by just how many EVs were on the road. At least 50% of cars on the road. Teslas are also very popular in China.
- dsign 2y agoWasn’t there some recent news about imposing tariff on electric car imports? The EU may argue that’s because Chinese cars are made with more CO2 emissions than EU cars (which is an argument that will force honest politicians to look at the spreadsheet). But the US is being less cynical and saying that it is to protect the local industry…
- wcoenen 2y agoThe tariffs for Chinese EVs happened in the US (increased from 25% to 100%), not in the EU.[1] The CO2 thing is something that is done in France to put conditions on local subsidies for EV purchases, it's not about import tariffs.[2] The EU does have an ongoing investigation which may result in tariffs, but it is focusing on subsidies in China that would cause unfair competition. EU car manufacturers don't seem to be in favor of tariffs though.[3] [1] https://www.bbc.com/news/business-69004520 https://www.bbc.com/news/business-69004520 [2] https://www.asiafinancial.com/frances-green-ev-push-cuts-china-made-cars-from-subsidies https://www.asiafinancial.com/frances-green-ev-push-cuts-chi... [3] https://www.dw.com/en/eu-china-ev-tariffs-german-carmakers-fear-backlash/a-69171441 https://www.dw.com/en/eu-china-ev-tariffs-german-carmakers-f...