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They make batteries, regular cars and hybrids and the cost of labor is lower
by inemesitaffia 2y ago
They make batteries, regular cars and hybrids and the cost of labor is lower
- ASalazarMX 2y agoAmerican EV manufacturers should realize that designing aspirational products erodes their growth, even if it means short-term profits. BYD is building practical EVs at affordable prices, not fashion articles. If their offer wasn't a good deal, they wouldn't be growing so aggressively in Latin America. They're filling a niche western EVs have ignored for almost a decade.
- woodrowbarlow 2y agothey're also one of the top suppliers for public transit busses.
- onlyrealcuzzo 2y agoDoesn't Tesla make batteries and 51% of its cars in China [1]? [1] https://insideevs.com/news/715427/tesla-ev-production-shanghai-vs-global/ https://insideevs.com/news/715427/tesla-ev-production-shangh...
- inemesitaffia 2y agoAre they more efficient? Because you only substitute human labor for technology when wages are too high