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> Pretty much everywhere but the US has the option of getting an electric car for under $25,000 from BYD or Renault. The US is afraid of competition in the aut
by WorldMaker 2y ago
> Pretty much everywhere but the US has the option of getting an electric car for under $25,000 from BYD or Renault.
The US is afraid of competition in the automotive industry and the current import tariffs and taxes on cars are a bit of an elephant in the room here, too.
- deleted 2y ago[deleted]
- mrguyorama 2y agoBYD just has to do the same thing Toyota did, build a plant in Mexico and use NAFTA to sell well made cars for dirt cheap. I'm not yet convinced that BYD cars ARE well made yet though. When Hyundai had a similar amount of mistrust from American consumers, they improved their standing by offering a very compelling warranty, 100k miles or 10 years. The problem is I don't know if I can trust BYD the COMPANY that much.
- noworriesnate 2y agoWe have three choices: 1) compete by enslaving our workers and treating them horribly like they do in China, 2) refuse to compete by simply outsourcing the slavery to China, or 3) compete by treat our workers well, use tariffs and tacitly admit that Trump has a good idea. Option 2 seems like the only option that is afraid of competition.
- com2kid 2y agoLabor is at most 10% of the overall cost of a car. Now explain the remaining 15k of price difference! Sure another 5 or 6k is subsidies from the Chinese government to the manufacturers, but there is still another $10k more that American cars cost VS Chinese cars.