BYD has to me become an icon of US decline vs Chinese expansion. It’s just one example among many of China charting the way forward and innovating while the US recedes further into backward-looking, protectionist policy. See: US politicians on both sides trying to ban BYD imports rather than incentivizing stiffer competition from US automakers. Another example: massive growth in Chinese renewables while the US opens…
I would support allowing any Chinese automaker in the US if they form a 51:49 joint venture with an American company.
BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
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Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#242I'm sure BYD and other Chinese EVs would dominate here too if it wasn't for tariffs. BYD UK import tariff is 10% BYD US import tariff is 100%
Canada reduced theirs to 6.1% from 100% about a month ago.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#243Earlier quoted context omitted.
Visit if you can, and take some bullet trains! We had a blast last year there.
Shanghai was great in the 2010s. Seems like a different place today. Are the bullet trains making enough to pay down construction debt yet? My understanding is that that has been a struggle, which is going to be a problem when they get past being new and start having more and more maintenance expense on top of paying back construction debt.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#244Earlier quoted context omitted.
capitalists the communists put up with because it's better for communism in the long run
> it's better for communism in the long run "Communism" is a theoretical concept. The CCP is what they are protecting, an authoritarian power structure.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#245Earlier quoted context omitted.
> I'm puzzled why we talk about "US decline" when we're pretty much creating paeans to marginal energy construction. It's literally just a mind virus and folks hear it on the news and like the Chinese hypersonic missiles they just hear some capability or reporting and then don't know what to do with it except to parrot it. They don't think about China's lying down culture [1], for example, ghost cities and over-build…
Yeah I see that we're entering a multipolar world, where China and the US form 2 dominant poles but other countries/alliances like India and the Gulf States create stiff competition. A world with more prosperity for more people seems good to me.
Agree with that sentiment absolutely. I’m not totally sure that is a given, however. The primary reason being that as America declines economically from the post-war boom, it no longer has the resources to simultaneously fight or contain many belligerent actors (Russia, Iran, China, &c.) and without the other dominant power (China) stepping up to assist in what I would loosely describe as a bipartisan way we are likely to see more conflict, not less, in my view.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#246Earlier quoted context omitted.
It's what the USA did during its industrialisation, it's what Japan did during its industrialisation. If you are looking to history to find ways to make your country prosper and industrialise, wouldn't you take those examples since they panned out pretty well?
The US, via a wide reaching, decades long government policy stole technology from other countries, passed that along to chosen domestic companies, and helped flood the market with the stolen/cheaper goods by supporting the companies doing so to produce goods to be sold at below cost? There's a lot of data around that in the history of the US and Japan?
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#247Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#248Earlier quoted context omitted.
It's what the USA did during its industrialisation, it's what Japan did during its industrialisation. If you are looking to history to find ways to make your country prosper and industrialise, wouldn't you take those examples since they panned out pretty well?
The US, via a wide reaching, decades long government policy stole technology from other countries, passed that along to chosen domestic companies, and helped flood the market with the stolen/cheaper goods by supporting the companies doing so to produce goods to be sold at below cost? There's a lot of data around that in the history of the US and Japan?
https://en.wikipedia.org/wiki/Samuel_Slater
Also, the Chinese are absolutely making a profit on their exports, so I'd question your "below cost" broad characterization.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#249Earlier quoted context omitted.
I have two chinese-born coworkers (who spent 20-30 years here in the us) in the same room. When we talk about china's expansion, I am always jealous of the public projects, infrastructure, housing, etc. They always point out the huge unemployment of young people, declining birth rate, and other social ills. They say they're worried when the building stops. Even more people will be out of jobs. And when the nation age…
China will likely become the go-to place for immigrants within couple decades. Just like any other developed economy had.
America and countries that engaged in worldwide colonisation are the exception not the rule.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#250Ive seen soo many BYD cars in the UK in the last year. I'm not in the market for a new car, but anyone who has looked recently what is the draw to BYD? Is it strictly value/price?
Out of question that Volvo ex90, Kia ev9, Hyundai Ioniq 9 or even the BMW ix3 would have come on top if it wasn’t for the price.