BYD launches $15,000 Qin Plus EV Honor Edition kicking off price war with gas cars
BYD launches $15,000 Qin Plus EV Honor Edition kicking off price war with gas cars
BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching...
BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
BYD is coming on fierce. Other car makers ought to be very afraid right now. $15K is cheaper than most gas vehicles. That’s … compelling to say the least.
No way that can release one here in the US for the same price as a 10 year old Camry. Unless the Chinese government is going to pay for 1/2 the cost of the car, we aren't going to see brand new vehicles selling for $15k.
That's a you problem. The parent comment doesn't even mention US and it is not the center of the universe. China is one of the top polluter currently, and if they alone phase out ICE cars, it would be a net benefit for the world (if they use renewables).
Not everything has to reach the US to be considered "cheap". Western news mentioning USD doesn't mean the company is looking for people in US specifically to buy it. Same as not everyone buying Tesla gets it in local prices abroad.
Even at $15K or $20K, they would be underselling most new EV and ICE models. They're already looking at opening plants in Mexico: https://www.reuters.com/business/autos-transportation/chinas-byd-plans-new-electric-vehicle-plant-mexico-says-nikkei-2024-02-13/
If the U.S. changes trade rules, they'll just do what Japanese, S. Korean, and European countries did back in the 80s and start U.S. subsidiaries.
When they start selling in the US, the destruction of legacy manufacturers will be worse the the 1970s small car invasion
I believe it. We need reliable infrastructure for this revolution now.
Qin Plus EV Honor Edition
Christ
Number One, sexy time, best EV high class, five star.
Edition
If the entry model came to the US, it could become the Ford Taurus or Toyota Camry of electrics. But the charging infrastructure would need to build up massively to be able to support that kind of volume.
The fact that they're hitting both low end and high end (plus everything in between) should be massively concerning to every car company.
Should we be rooting for or against this company. I'm all for competition, but Elon Musk has made me lose faith in any car company.
Personally I root against basically any Chinese company by principle.
Don't worry, they will pay politicians to make it illegal for them to sell here.
Just like they did with Tesla at first.
Starting at 420 km range, that's actually pretty impressive. We might be looking at a tipping point here for electric cars.
Holy Jesus. The 2025 prediction is here early for certain markets.
Meanwhile in the US the entire automatic industry are keeping prices of EVs higher than crap and also eliminating their affordable car lines.
Parts count on EVs is an order of magnitude less than combustion. They should scale for batteries and motors with the price being an order of magnitude less expensive to build them. The foundry, machining, and precision parts of combustion are massive operations.
The real problem is that military tech relies on the same supply chain and EV's don't handle battle quite like combustion. So what does the USA do? Pretend that this is not the real issue and build luxury EV's instead because the scale will still follow the lower end.
Mark my words, until you see most military vehicles going electric, we won't see low cost mass produced EV's. It has nothing to do with what is best for any of us. It has everything to do with exploitation and killing people abroad over petty nonsense for the most part.
I’m not in the US but have been waiting for these cars to make their way here. We already have other cars by Chinese companies and I just saw my first one today.
I’ve curious about their pricing. Hopefully they are cheap here too.
Sadly, I don’t have a way to charge an electric car at my condo.
I checked on https://prod.byd.com/en-sa we don't have it here yet, I'd buy it