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.
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.
One essential thing bears repeating: it's not the manufacturer that bears the cost of tariffs, it's the customers. Or said another way, if BYD cars double in price in the US, it's American customers who will pay the difference.
A certain presidential candidate loves to beat that drum but consistently fails to mention that the immediate effect of new tariffs is making Americans poorer.
US cars wouldn't cost so much if the corporations would stop overloading the cars with features I don't want. Here's what I need:
Car to go
Car to charge
Here's what I want:
Radio
AC/heat
Electric windows
it is time to remove all tariffs on EVs under 25k and let anyone who wants to fill that slot in.
How to force other car makers to build more reasonable EVs at more reasonable prices is an important question. But the answer isn't "Uyghur labor camps".
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.
Why did Ford dump all of the models that offered a variety of price points ?
Because they could afford to be profitable and not care about 90% of the US consumer body.
Same with GM and Dodge RAM. They quit making lots of cars to save money for themselves. And now the US has betrayed the US consumer again pushing a green agenda while maintaining OIL hegemony in vehicles for the masses.
Now we have fewer types of vehicles, lower inventory, higher prices, 10 year car loans, and restrictions on getting the green vehicles that we were encouraged to want. American Dream has become the American Delusion.
Canada is already set to implement a 100% tarrif while claiming it wants people to switch to EVs. Why are we making affordable EVs unaffordable if we want average people to make the change?
American car manufacturers refuse to fill the market need.
keep in mind, at the around 15-25k price, you run into the problem Vinfast has when they introduced themselves to the U.S market. What would an informed buyer rather do: buy a cheap new vehicle or a used premium vehicle. Chevy* backed out of making yearly bolts because demand wasnt high enough, despite the 7500 rebate would bring it down to 22k
American car manufacturers refuse to fill the market need.
That. American car companies - continuing an unbroken streak of greed, corruption, and environmental devastation - demand to have the same fate as the music industry: utter destruction. The pathetically ginormous “trucks” threatening everyone around them shall be their legacy.
Mismanagement, thy name is American automotive industry.
Tariffs are a punishment for consumers looking for affordable products, designed to help government officials and their megacorp buddies avoid competition.