This is the best summary I could come up with:
Factories are in various stages of planning or construction in Thailand, Hungary, and Brazil, and now, BYD is studying the feasibility of a factory in Mexico, potentially in Nuevo Leon, or perhaps the Baijo region in the middle of the country.
But building vehicles in Mexico would also mean BYD could take advantage of the US-Mexico-Canada Agreement, which would allow it to keep its prices lower.
That would be particularly advantageous if BYD plans to target the underserved lower end of the new car market.
BYD’s EVs may not necessarily qualify for the full tax credit, as other parts of the law make an EV ineligible, depending on where its battery contents were sourced or if its battery was made by a Chinese-owned company.
The Alliance for American Manufacturing has gone so far as to call for a change to the USMCA “to ensure companies headquartered in a non-market economy like China cannot set up a factory in Mexico or Canada to gain preferential treatment.”
And speaking about Chinese automakers last month, Tesla CEO Elon Musk said, “If there are no trade barriers established, they will pretty much demolish most other car companies in the world.”
The original article contains 392 words, the summary contains 196 words. Saved 50%. I’m a bot and I’m open source!
not if they read the financial press. EV is tanking
these cars will go up in flames faster then a tesla but at least they will be cheaper.
EVs very rarely catch fire. A vehicle with a large tank of gasoline which is burned to produce power poses a much higher fire risk.
20-60x more likely to catch fire, depending on which study you look at. My first Google result said 20x, but it was on an EV focused website, and I thought they might not be impartial. But Kelly Blue Book should be pretty good, right? Their article says 60x.
https://www.kbb.com/car-news/study-electric-vehicles-involved-in-fewest-car-fires/
all im saying is BYD is big hype. a lot of Chinese subsidies to try and take over the marked by being cheaper. china is not known for its quality but for its quantity and in a car you will notice that very fast. and i will laugh at everybody who gets one.
I would buy it. If I can get a decent brand new car to get from point A to point B for 10k, I wouldn’t even consider the other 40k options. I’d laugh at the people who have to waste that extra money to make themselves look richer or whatever.
if you would buy one then you would consider BYD a decent brand. i don’t. they seem more like propaganda tool then car brand.
Well, you are right about the subsidies and going after bigger market shares. And they may not be the highest quality vehicles, but I don’t think they will be terrible either or they wouldn’t hold on to the market share they gain.
They have been making electric buses and forklifts in the US since 2009, and have a decent reputation.
like i said hype fake it until you make it.
They don’t need to be perfect, just better than Tesla which is a shit show
these cars will go up in flames faster then a tesla
source: /u/beaxingu@kbin.run 's hairy ass
How do you know so much about other people’s asses? 🤨
are you sure you want to know? ( ͡° ͜ʖ ͡°)
hey now i know deflecting is a good tactic if you cant find anything better to say. but being a reddit user is no excuse to sniff your own farts.
Not with lithium iron phosphate. Ironically Tesla are probably shittier.
This isn’t Samsung.
