Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in...

Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000.

After discontinuing the production of vehicles powered entirely by internal combustion engines in March 2022, BYD has been at the forefront of the industry’s shift to EVs.

Honestly in my opinion it is time to remove all tariffs on EVs under 25k and let anyone who wants to fill that slot in. American car manufacturers refuse to fill the market need.

  • drosophila@lemmy.blahaj.zone
    31·
    3 months ago

    Lower cost of living in china, ignoring of fair wages, ignoring of environmental concerns all reduce costs

    Not making land yachts and not actively having a temper tantrum over the market transitioning to EVs might both be contributing factors as well.