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.
I wouldn’t buy such cars if I’d know they were X% made with human suffering.
Yeah I’m fine with just taking a train that will last way longer and is staffed by my local citizens who are being paid for their labor and effort and rent a well made car made from a respectful compamy or buy it if I need it long term.
But I guess I might just be a conservative socialist cause I don’t think mass produced with slave labor, with stolen raw materials still from Africa, millions of individual electric vehicles is still any form of solution for anything least of all climate change.
But sure let’s praise china for doing the uber model of electric cars.