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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.
  • 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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