Scustin Bieburr
Baby baybee baybee UUUGH
Allow a "communist" country to outplay you in capitalism crehs.
The China-built BYD
Seagull, a small all-electric hatchback, starts at just 69,800 yuan (or less than $10,000), and reportedly banks a profit for the increasingly influential Chinese automaker.
That latter point — EV profits where U.S. automakers have mostly failed to turn any — combined with the expansion of Chinese automakers into Europe, Latin America and elsewhere has automotive executives and politicians, from Detroit and Texas to Germany and Japan, on edge.
The Seagull could be a “clarion call for the rest of the auto industry,” said Terry Woychowski, a former General Motors
executive who now serves as president of automotive at engineering consulting firm Caresoft Global. “It’s a significant event.”
Though the Seagull isn’t yet sold on U.S. soil, BYD is expanding its vehicles globally, and some believe it’s only a matter of time before more China-made vehicles arrive in the U.S.
.....
For BYD to sell the Seagull in the U.S., it would have to meet U.S. federal vehicle requirements that would add additional costs to the car. But the EV could likely still arrive on U.S. shores for tens of thousands of dollars cheaper than the current average price of an EV in the U.S., which Cox Automotive reports is more than $52,000.
BYD last month announced it would begin selling the Seagull/Dolphin Mini EV in Mexico for 358,800 pesos (or about $20,990).
BYD has found success in its battery technology; internal sourcing, also known as vertical integration; and production of parts, according to Caresoft. Most notable is BYD’s development of lower-cost battery technologies that are far cheaper to manufacture than lithium-ion batteries commonly used in U.S. EVs.
BYD, which stands for Build Your Dreams, first pioneered its “Blade” battery technologies in smartphones and has since grown into one of China’s most well-known automakers.
Its focus on vehicle efficiencies is reminiscent of U.S. EV leader Tesla, which has likewise been able to drive down the cost of its vehicles over the years.
Tariffs won't make American cars affordable. This has to be one of the WORST crop of politicians we've had in a minute.