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In NZ there are BYDs everywhere. Why are they not in US yet?
by grahar64 14d ago
In NZ there are BYDs everywhere. Why are they not in US yet?
- hdgvhicv 14d agoFreedom
- usrnm 14d agoDidn't Americans send all their freedom to Iran?
- burner420042 14d agoYou mean the state of Iran?
- bestouff 14d agoSo now Iran with their freedom ?
- 6510 14d agoyes, diesel is 1 cent per liter. For $50 can drive the whole month non stop.
- Ylpertnodi 14d agoYes, and now they're running out.
- red75prime 14d agoFreedom from those pesky car manufacturers that demand protection of domestic workforce?
- 3848485858 14d agojust destroy your industrial base and become fully dependent on china bro
- Boss0565 14d agoThe average American's longest-kept car is 8 years old. Therefore every eight years or so, Americans are forced to spend a significant amount of money on a car. The median price of a new car in the United States is ~$41,000. If we generously claim that a Chinese car with the same capabilities could be purchased for minimum $30,000 instead, then the number of money being lost to being forced to purchase a more expensive car, every eight years, is 11,000*350 million, or ~3.8 trillion dollars. Dividing per year, we get roughly 480 billion dollars per year that could be spent by Americans. I'm not an economist nor a mathematician, so I will not claim that this is a good expression of the economic impact of these restrictions. But I will say that the average American does not care about which country his or her car originates from. They care about navigating our crumbling infrastructure through the only means possible, the car. We have no reliable public transport in 99% of this country nor alternative modes of transport. We are forced to buy cars. It seems unfair to me that the average American, who is making less and less per year after we adjust for inflation and purchasing power, should be forced to carry the burden of a technologically backwards industry that is still pumping out millions of gas-powered vehicles, which are not only bad for the environment, but are even more expensive to operate compared to the cost of electric cars per mile. Our country does not think ahead, all of our decisions just temporarily patch our longstanding issues. America is screwed.
- Haven880 14d agoAmerica voted for it.
- Boss0565 14d agoYes America is a pure democracy and we have complete freedom of choice
- Incipient 14d agoI don't think tbis quite holds - money being spent on domestically produced vehicles should be going to working families, so the money stays and is spent again in the country. Now if most of that money just goes to the mega rich, then it's fairly pointless. But it's definitely more complex than just money saved = money spent elsewhere
- pantalaimon 14d agoSame reason they are not in EU, tarrifs.
- SapporoChris 14d ago"BYD faces a 17% tariff on imported electric vehicles in EU, in addition to the standard 10% base rate." "BYD has sold 19,241 fully electric and plug-in hybrid vehicles in Europe last month, a 255% soar from the same period a year ago." Small numbers, but I am pretty sure they're in Europe. https://eletric-vehicles.com/byd/byd-sales-in-europe-more-than-triple-year-over-year-in-november/ https://eletric-vehicles.com/byd/byd-sales-in-europe-more-th... Edited: Tariffs vary across Europe, particularly in non EU nations.
- unglaublich 14d agoIt’s so annoying that the EU is artificially hampering EV adoption to protect their outdated fossil fuel car manufacturers.
- tpm 14d agoThere are also fleet emmission fines for ICEs so it's not so bad (and very expensive fuel too). Otoh you need buy-in from the population, so making domestic EVs more attractive than foreign ones is one of the better ways to do that.
- NorwegianDude 14d agoThere is no fixed tariff in Europe like you are quoting. It varies.
- SapporoChris 14d agoApologies, I was looking at European Union. I see Norway is not imposing tariffs and there may be variance in other non EU countries as well. Thank you for pointing out the issue.
- 14d ago
- wpm 14d agoRegulatory capture, legalized bribery whoops I mean political donations, and protectionism. Gotta let Detroit keep making crappy bro-dozers that get 15MPG.
- tancop 14d agoBecause American auto makers convinced the government that BYD is price dumping in every market segment at the same time and somehow staying profitable.
- joinHNtheysaid 14d ago[dead]
- shuwix 14d ago[dead]
- legitster 14d agoBut I mean, they are. The Chinese government is effectively giving all manufacturers 0% financing and raw materials at cost. And even still, BYD executives have come out and said their pricing is not sustainable. The Chinese market is engaging in a massive price war and BYD's strategy is to entrench themselves in new markets with "aggressive" introductory pricing campaigns.
- Taniwha 14d agoSo essentially the same thing the AI companies are doing
- surgical_fire 14d agoWhen Chinese companies do it, then it is evil price dumping. When US companies do it, then it is just good business strategy, investing in growth for future profits.
- pfisherman 14d agoDo US companies have free access to Chinese markets?
- surgical_fire 14d ago
- jpollock 14d agoTariffs, the tariff on Chinese vehicles is 100%.
- Haven880 14d agoAmerica now bans Chinese stuff. Some Chinese carmakers are explicitly banned in USA.
- burnt-resistor 14d agoAlso, every car manufacturer has to go through crash testing and homologation in order to sell cars directly to US consumers. And, without a parts supply chain, maintaining a car becomes very difficult. So even paying 200-300% over the sale price with third-party homologation makes private importation expensive, painful, and slow.
- ballon_monkey 14d agoNo they arent? See BYD for sure, but see most other brands more often still.
- marsven_422 14d ago[dead]