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LughMA to FuturologyEnglish · 1 year ago

“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makers

thedriven.io

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“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makers

thedriven.io

LughMA to FuturologyEnglish · 1 year ago
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“Corolla killer:” BYD launches $US15,000 EV in direct attack on legacy makers
thedriven.io
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BYD has launched its low cost sedan in China which industry observers are calling the Corolla Killer.
  • sadreality@kbin.social
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    1 year ago

    But restricting competition is?

    To benefit price gouging US companies?

    • DdCno1@kbin.social
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      1 year ago

      They aren’t price gouging, they have to pay actual living wages, have higher energy costs (China uses almost entirely cheap coal) and can’t as easily use slave labor as Chinese automakers.

      • sadreality@kbin.social
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        1 year ago

        They aren’t price gouging

        I trust u bro

        • DdCno1@kbin.social
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          1 year ago

          GM has negative margins on EVs:

          https://apnews.com/article/general-motors-path-to-electric-vehicle-profitability-bba3a9cbbd2aad0953cbc113e53d041c

          As does Ford:

          https://techcrunch.com/2023/03/23/ford-expects-ev-business-unit-to-lose-3b-this-year-hit-profitability-in-2026/?guccounter=1

          This takes seconds to research.

          • sadreality@kbin.social
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            1 year ago

            yeah they are pricing gouging on trucks and SUVs while designing shiti products that’s expensive/hard to repair.

            also tesla seems to be doing fine. GM should git gud.

            • DdCno1@kbin.social
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              1 year ago

              If you think the repairability of American cars is bad, you’re in for a rough awakening with Chinese cars.

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