US consumers will overpay for under-performing gas-powered automobiles and keep the industries of US, Japan and South Korea alive, but in hot-house conditions.
Meanwhile, the free-trade party will continue to self-deal and ruin all the wealthiest and most powerful nation that has ever existed.
Why? American companies don't have a long term plan. They have had plenty of time to develop affordable EVs but chose not to because it hurt their bottom line and they only think as far as the next quarter's results.
This is why not letting Chinese cars into the US is a strategic mistake. American car manufacturers are fat and lazy off of undeserved profits subsidized by the American consumer who have no choice.
Tariff Chinese EVs to some degree if you have to in order to give American manufacturers time to adapt. But blocking them out of the market entirely is nonsense.
The only thing we seem to know how to make is gigantic gas-guzzling trucks larger than tanks which no one else in the world wants.
Globally BYD is already beating all of those brands individually. They sell more than Tesla, Stellantis and Ford and are only beaten out by General Motors as a whole conglomerate.
I think they’ll probably get there in 3 years, at one point there were like a hundred car start ups in china and out of that extreme competitive market they succeeded by owning their supply chain and retaining quality and innovation.
[OP] cambeiu | a day ago
That BYD feels confident that it can become the largest car maker in the world WITHOUT selling a single car in the US is the bigger story here.
RR321 | a day ago
Now let every industry stop relying on the US...
salomo926 | 14 hours ago
The US government is working on it.
Ifch317 | a day ago
US consumers will overpay for under-performing gas-powered automobiles and keep the industries of US, Japan and South Korea alive, but in hot-house conditions.
Meanwhile, the free-trade party will continue to self-deal and ruin all the wealthiest and most powerful nation that has ever existed.
almost_retired | a day ago
My heart goes out to "the wealthiest and most powerful nation that has ever existed". Could not have happened to a nicer country.
Vandeleur1 | a day ago
Okay but let's not have any illusions about the endgoal of its chief competitor here
pinellaspete | a day ago
Why? American companies don't have a long term plan. They have had plenty of time to develop affordable EVs but chose not to because it hurt their bottom line and they only think as far as the next quarter's results.
Vandeleur1 | a day ago
I'm just replying directly to the comment above, not getting into the broader discussion.
The king is dead, long live the king. So on and so forth.
technicallynotlying | a day ago
They're not going to invade Greenland or Venezuela are they?
Vandeleur1 | a day ago
Name checks out
I'm literally just replying to that statement about "the wealthiest and most powerful nation".
Bodoblock | a day ago
This is why not letting Chinese cars into the US is a strategic mistake. American car manufacturers are fat and lazy off of undeserved profits subsidized by the American consumer who have no choice.
Tariff Chinese EVs to some degree if you have to in order to give American manufacturers time to adapt. But blocking them out of the market entirely is nonsense.
The only thing we seem to know how to make is gigantic gas-guzzling trucks larger than tanks which no one else in the world wants.
Pippi-ki-yay | a day ago
These seemed plausible to me until I saw the prices of the vehicles they plan to sell in Europe.
[OP] cambeiu | a day ago
Chinese brands gain as Europe car sales rise
KawasakiMetro | a day ago
Leave Toyota alone.
In fact I will be cheering from the sidelines if they make more sales than any one if these.
UrbanStrangler | a day ago
Out of curiousity where does Honda fall in this line of thinking? If Toyota is a 10/10 right now for reliability Hondas atleast a high 8 or 9.
gooncommanderdogsy | 9 hours ago
Globally BYD is already beating all of those brands individually. They sell more than Tesla, Stellantis and Ford and are only beaten out by General Motors as a whole conglomerate.
eloton_james | a day ago
I think they’ll probably get there in 3 years, at one point there were like a hundred car start ups in china and out of that extreme competitive market they succeeded by owning their supply chain and retaining quality and innovation.