BYD to shake up North American EV market with plans to enter Canada
BYD to shake up North American EV market with plans to enter Canada
China’s BYD wants a bigger piece of the North American EV market. With plans to sell electric cars in Canada,...
cross-posted from: https://lemm.ee/post/38397088
Good to see a little competition to come to North America. These companies are raping us here.
There's tons of competition in NA from companies located all over the world.
What China is trying to do is decimate the market by undercutting everyone long enough that they can put them out of business, which is why they're trying to sell them way below cost. Let's see them compete here only using the same subsidies that everyone else gets because once they accomplish their goal, the situation is going to be much worse for us than it is now.
Companies in North America have not provided low cost EVs. China is doing that.
https://electrek.co/2024/06/13/byd-bigger-ev-profits-eu-even-with-tariffs/
Quite the opposite is happening. EVs from the same make usually are sold at 50 to 100% markup outside of China. It seems more like the international market is subsidising Chinese EVs instead.
I bought a BYD Seal here in Australia, picked it up Monday. Seems to be a great quality car and tremendous value
come on in and spy on us. everyone is doing it.