The $10k BYD Seagull EV is scaring the U.S. auto industry
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Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#2[dead]
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#3As it should, just like the dirt cheap solar panels from China scared US suppliers and drove all of them out of business. When the government subsidizes product to the point of it being significantly below market cost in order to capture market share, the folks who can't do the same lose. See: Amazon and small bookstores.
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#4Affordable small cars have never been a thing in the US, electric or not. There's zero reason to believe that this new batch will pose a threat.
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#5Would BYD even be able to sell it here for $10k? Pretty sure Trump slapped a bunch of tariffs on Chinese vehicles, and Biden may have hiked those tariffs. To me, the logical step is for Chinese vehicles to build factories in Mexico and then ship vehicles into the country so they qualify as NAFTA vehicles. No way will it be $10k, but it certainly won't be $40k like other electric vehicles.
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#6Affordable small cars have never been a thing in the US, electric or not. There's zero reason to believe that this new batch will pose a threat.
The original VW Beetle begs to differ.
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#7Nobody in the USA wants that market. There isn’t even an interest in under 25k cars. I don’t see any issues allowing these if local manufacturers aren’t even willing to make products at 2x the price
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#8It should worry the EU industry more. People in the US don't buy city or compact cars. They buy bigger and more premium ones.
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#9Affordable small cars have never been a thing in the US, electric or not. There's zero reason to believe that this new batch will pose a threat.
Should be safe to allow imports then, right? Since nobody but me would buy one. :-)
Re: The $10k BYD Seagull EV is scaring the U.S. auto industry
#10I hope so. The price of EVs in the US market is ludicrously overinflated.
It's understandable for new startups like Rivian, Lucid and co, but in the case of existing auto manufacturers, early adopters are subsidizing the cost of redeveloping tooling that should have been easily covered by nearly a century of profit leeched away by shareholders.
GM, Ford and Stellantis should have been able to produce a sub-$20k EV by now, and none of their offerings should have ever been more expensive than a comparable trim ICE vehicle.