this post was submitted on 17 Sep 2024
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Electric Vehicles

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BYD would still have the cheapest EV in the US, even with a 100% tariff (electrek.co)
submitted 1 week ago by MyOpinion@lemm.ee to c/evs@lemmy.world
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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.

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[–] Bosht@lemmy.world 36 points 1 week ago (23 children)

Yeah, as with most things in the US currently, prices are artificially inflated. They're doing this because they're trying to keep up the facade that 'these are just the new prices cuz inflation' when it's painfully apparent that it's not. They're trying to pocket as much of our money as possible and they know if competition is introduced they'll be forced to cut into those sweet sweet greedflation profits. I'm honestly never going to buy another US made vehicle if I can help it. My next vehicle will more than likely be foreign electric, and seeing this post just solidifies I've made the right decision.

[–] helenslunch@feddit.nl 1 points 1 week ago (1 children)

Or, hear me out, they're trying to stop the Chinese from taking over entire global industries by leveraging slave labor and impossible government incentives...?

[–] draughtcyclist@lemmy.world 2 points 1 week ago

You're right, and they have a history of government sponsored corporate espionage and industry subsidies that support this.

However, this is an unpopular opinion on Lemmy. Ask me how I know...

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