3 ms·
Yes, it's a modest step, but my guess is that those BYD cars will sell like hot cakes and demand will go through the roof. By popular demand, the government wil
by vdupras 9mo ago
Yes, it's a modest step, but my guess is that those BYD cars will sell like hot cakes and demand will go through the roof. By popular demand, the government will have to lift that limit. That's all China needs to destroy american car manufacturing.
- warkdarrior 9mo ago> to destroy american car manufacturing American car manufacturing is destroying itself just fine.
- vkou 9mo ago> That's all China needs to destroy american car manufacturing. I don't think China can be held responsible for America voting for Donald Trump, one of whose main goals in life has been the destruction of every trading and soft-power partnership that the US has built over the past 80 years.
- rjrjrjrj 9mo agoThe announced limit doesn't seem like enough volume for BYD to roll out a dealership network, but maybe they do it in anticipation of higher limits in the future. Volvo could be an immediate beneficiary. The Canadian EX30 was going to be cheaper because they could make them in China, but after the 100% US/Canada tariff was announced they had to switch to ones produced in Belgium iirc. edit: Something I just read that I haven't seen reported elsewhere is that the imported EVs have to cost $33,000 or less. The EX30 currently starts at about $54,000, so... maybe not.
- hellgas00 9mo agoIronically one of the biggest beneficiary will likely be Tesla. Before the 100% tarriffs were instated Tesla-Canada imported most of their vehicles from China's Shanghai gigafactory. After the Chinese EV tarriffs they began importing from Germany and some from the US. They already have the footprint and sales depth to take advantage of the low tarriffs rate quickly.
- rjrjrjrj 9mo agoThey have to hit the price targets and overcome the toxicity of Musk.
- cmrdporcupine 9mo agoNorth American manufacturers are not serious about making electric vehicles for the non luxury segment. The one exception is the Bolt and it's not being made in canada. Fuck em they are fighting EV mandates while complaining that Chinese manufacturers will undercut their EV sales. They can go to bankruptcy for being liars. I live in Ontario and support auto workers but not their lying employers.