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.
There are some situations where imports being cheaper is due to foreign government subsidies undercutting local production and tarrifs are the wat to level the field. Frequently this gets warped into protectionism, allowing local production to have a leg up while continuing their crappy business practices, like most US auto manufacturers.
In this case the 100% tariffs is mostly the latter. It was not a thought out rate based on any kind of logic, just an emotional overreaction.
We do not need someone in office proposing reactionary, emotionally based tax policies.
foreign government subsidies undercutting local production and tarrifs are the wat to level the field.
Also, lack of labor, safety, and environmental regulations. Chinese companies literally own slaves, no worker can't compete with free. Combine that with safety and environmental, you get cheap manufacturing.
??? China has literally been subsidizing BYD to help it to beat out foreign manufactures and to make it competitive in foreign markets. So yeah, there may be some protectionism involved, but there is definitely an argument that China is unfairly subsidizing BYD, making it impossible for rival companies to compete.
allowing local production to have a leg up while continuing their crappy business practices, like most US auto manufacturers.
What US manufacturers? There is only GM, Ford, and Tesla left. People are so ignorant of the market here while simultaneously telling us all "how it is" with their strong, uninformed opinions.
The point of tariffs like that is to allow us made vehicles be the option of choice to buy.
The $25,000 ev means it's a cheaply made car at what would have been an awesome price at $12,500, but not so great at $25,000.
American manufacturers could/would never be able to compete against a $12,500 ev sedan. So the tarriff keeps American evs bloated prices from looking too unreasonable. They can still compete against a $12,500 car being sold for $25,000
Damn... Same. I was always excited for Elio which was supposed to be American made and use a moped engine that got insane gas mileage and cost 7 grand. Before their factory was bought from underneath them and they scammed everyone out of their money.
I will also take a glorified golf cart at this point.
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
A Bluetooth speaker set would be nice too. That's not very expensive. Nor is the tablet in the dashboard. You could get both for less than a thousand dollars.
The features really aren't the problem. They just refuse to stop price gouging.
Backup cameras are required by law for safety reasons. Same with ABS, seatbelts, airbags etc, but a LOT of things can be ripped out.
Heat/AC are really required as well in most places.
I’d be happy if an Android or iPhone was a REQUIREMENT. It’d run the car as an app, be a nav system, entertainment and everything, plus keep the cost down even further.
Crank window (note only one!) on the ONE door with an emergency push out window on the other side. Speakers? No. A mono, Bluetooth connected one in the headrest is plenty.
It would need to be able to cruise at 70mph, but all the other little changes would mean huge weight savings and a single person “bubble shape” would be real aerodynamic. A standard 120v plug would be all that would be even offered. Keeps coat and weight down.
Nah, I don't need google updates being a critical component of my transportation. Mobile phone as an OPTIONAL ceter console, sure, but the vehicle must still work without it.
BYD cars are actually more feature rich than US cars from what I see. One of their big selling points locally was karaoke from the infotainment system.
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.
And these Chinese vehicle prices are artificially deflated.
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
I don't really follow this line of logic. You state that companies here are artificially inflating their prices but then state that you'll buy a foreign brand electric, which is going to be one of the exact same companies that you accuse of inflating prices. There are only a handful of US car makers, GM, Ford, and Tesla, and only 1 of those 3 put out EVs in any meaningful quantity.
What is it you're not understanding? Honest question, no sarcasm. I'm stating I won't buy a US vehicle, and my next will most likely be a foreign electric. Did I state something false because US manufacturers aren't meeting a threshold of electric vehicles produced? Market is shifting to electric, which means even if they aren't now, they'll probably lean into electric in the coming years. Again though, no relation to either of the statements I made.
And these Chinese vehicle prices are artificially deflated.
Deflated thanks to the buying power of the US dollar. That's just more US economic policy rebounding on itself.
You state that companies here are artificially inflating their prices but then state that you’ll buy a foreign brand electric
Domestic automakers are running enormous administrative overhead, thanks to their focus on stock buybacks and investment in kitsch features like AI. That, plus the high cost of computer chips created by the AI/Metaverse/Crypto bubble which is, itself, feeding into buybacks and other corporate accounting tricks to boost executive and board compensation.
Chinese firms don't have that baggage. So they don't need to put enormous markups on their vehicles. The real cost to produce for a new car (especially a small one) is fairly low and you can still turn a big profit on volume if you can outcompete American automakers on price.
There are only a handful of US car makers
Thanks to decades of consolidation. But those car makers have millions of workers spread across dozens of factories. They command hundreds of billions of dollars in domestic capital. Its not like these are three smol beans fighting the Big Scary BYD. These are three of the wealthiest and most profitable businesses to ever exist on the planet.
It's the Walmart business model. Move into a new area and undercut your competitors just long enough to put them out of business. Once this happens you have the market over a barrel and can charge however much you like.
I seriously don't understand how people keep falling for this rhetoric and claiming this is all about protecting US companies when there are only 3 US companies left and they barely makeup 1/3 of the US auto market.
At some point though the benefit of moving away from fossil fuels infrastructure outweighs the labor and strategic protection afforded by tariffs. IMO we are at that point- if we keep on doing what we're doing for another 30-50 years union jobs probably won't matter when vast parts of the world become uninhabitable
Those environmental benefits are lost when they're built in a country with some of the most lax environmental laws in the world and then shipped halfway across the planet.
They also seem to be of questionable quality as in China, they have abandoned EVs piling up all over the place. There's nothing good for the environment here.
We talking about the same “rules” that allow regular Class D license holders to drive a 40 ft RV with no additional training? Or perhaps the same rules that allow Cybertrucks to even exist on public roads?
Americans love to talk shit about safety standards when they don’t even exist at home
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.
It's the same cycle we had from back in 2002, under the Bush Hummer tax cut. Government subsidized light trucks and made gasoline artificially cheap, so people went out and bought these enormous vehicles and dumped millions of gallons into them for power.
Then 2008 hits, gas prices go vertical, car loans go bust, and the Big 3 are out begging for bailouts. Obama delivers (while Mitt Romney signs his own death warrant in Michigan by telling Detroit to go bankrupt) and rides a popular wave of support for saving the American auto industry from itself. But he doesn't bother to do any kind of regulation or curb the consumption of fossil fuels, because that would make soccer moms still driving their 10 ton vehicles sad.
Then the bubble pops in 2020 thanks to COVID and everyone runs into receivership again and we've got to flood the zone with taxpayer bailout money.
But that's okay, because COVID actually gave us cheap gasoline again! So we get another era of cheap gasoline and big cars and a brand new automotive industry bubble.
The funny thing is y'all in the US still have a better selection of vehicles available than we do in Europe, it's just mostly not from American marques.
I recently got my hands on a USDM Subaru. It has more options than the EU spec one so I figured I'd look at the US Subaru website and yup, even for current model years, they have WAY more options available in terms of both models and trims. Y'all still get the WRX sedan, we only get the Impreza hatchback with a naturally aspirated engine. We don't get the Ascent either.
You guys also get things like the Toyota 4-runner, Volkswagen Atlas, etc in terms of SUVs that are pretty big, but not gigantic.
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?
Car companies have had more than enough time to build these cars and they already have a $7500 or larger advantage they can use to compete with Chinese made cars. They refuse to make cars that will come in under 25K. I say fuck them.
because the auto industry is a huge part of the American retail market and they're afraid this will give China a huge edge on taking over the global economy, which it totally will, but it is the fault of the USA for not supporting their domestic industries.
Because China is not fairly competing with other countries. They are subsidizing BYD manufacturing and supply chain with the goal of making BYD the largest electric car company in the world. Yes, their vehicles would probably still be cheaper than other manufactures even before subsidies (Lower cost of living in china, ignoring of fair wages, ignoring of environmental concerns all reduce costs), but they are unfairly trying to make the world reliant on their products.
That being said, i do agree with your sentiments that we should be making it easier to purchase electric cars. Providing additional discounts or high turn in credit for returning your current gas car would be appreciated so that we can actually make progress on reducing global warming.
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
i do agree, they should be let in just that dont expect those prices. in order to keep a price low they need the supply chain at a local factory in order to match said price, as well as adhere to the saftey standards for vehicles in said country (they arent the same globally). even in countries that has a BYD factory like Thailand do not get the low end prices that you basically only see in China. While id like the doors open, just keep in mind the vehicles sit closer to 17-22k pre local changes and built fully in said country.
Mmmmmmmm nothing has ever gone wrong with letting China do what they want in a country that isn't china...spycars, cheap builds, crappy workmanship, locking countries into debt traps. I give china zero trust, not like I trust American companies either but we're already stuck with them. I'd rather not see more garbage here thanks.
The bolt was insanely popular. Chevy made a claim that wasn't backed by data and it turned out they were trying to phase it out for the new platform. It was so unpopular that they're bringing it back.
I don't think the Bolt was a practical vehicle? You can't take road trips with it, even across the charger-dense East Coast USA - it won't get you from Miami to Orlando, or from New York to DC.
Driving it from 80% to 20% charge gives a range of 155 miles, which is decent, but then a fast charging station would need 1.4 hours to charge it back up from 20% to 80%.
budget cars in a nutshel are not practical for long range, which is why theres no demand for it in the US. range is one of the biggest reasons why car companies dont sell new EVs for under 30k for the most part. buyers are too picky about what they want in a budget car so the sales flounder and people wonder why no company even attempts to.
personally people buying budget evs need to either wait for better infrastructure, or be the practical person and rent a vehicle for long distance travel.
people are essentially asking for a car that basically cant exist to exist, hence the real situation is why wpuld someone buy a budget new car when you can buy a used premium car
And even the East Coast is severely lacking on EV infrastructure. The only chargers in my hometown are a pair that they installed with the new elementary school, and those are locked all day because they don't want random people sitting at an elementary school when there's kids there. The stupidity of the design aside, the next closest charging station I know of is about 75 miles away.
I'd drive an EV if it was practical, but when you can really only charge them on a self-installed home charger, it really impacts where you can go with them.
This is why electric cars need to be “second car” cheap. I have a super-mega-hauler-SUV because about 4 times a month, I REALLY need one. Every other trip is done in my ancient tiny Honda. Every 10k miles on my Honda at 35mpg it saves me about $1500 in running costs over the SUV. If I could buy an $8k electric runabout it’d be even faster payoff.
We miss out on so much from the rest of the world but we have so many pridefully ignorant people that will die on any hill that might improve our lives.
I'd personally love to have more than 0 weeks of government required paid time off, sick days, the top reason for bankruptcy not be medical bills, and no more mass shootings but I will most likely be dead before any of that happens.
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.
Are due to absurd incentives in NHTSA standards, which tighten economy and emission standards more on smaller cars than larger ones. Rather than try to reach the implausible requirements set on small cars, they just lengthen and widen them until the are large enough to qualify for a looser standard.
Correct the perverse incentives, and cars will get smaller again.
Yeah there are "reasons". So? What they're doing is wrong. If the incentives were changed and making smaller cars would fit those incentives do you think they could undo the 40 years of brainfuckery they've committed by making tearing-up-nature-like-a-rock-tough suddenly be compact efficient?
No. They'd just charge more for the same or bigger and blame the government.
The vast majority of the development (engineering, planning, purchasing/supply chain, quality, after sales, etc) effort for Honda and VW is overseas, along with most other non-domestic brands. This extends beyond their own employees to their tier 1s. Many OEMs use suppliers that are located geographically close to their development centers.
None of this excuses the domestic OEMs for their abandonment of cars, their endless march to higher and higher average transaction price, or their quality records.
Well, I agree with you, but china is a military threat to the US and its allies. Look at what happened in Lebanon today. The CCP would definitely use commodity technology to assassinate people.
Tariffs are a punishment for consumers looking for affordable products, designed to help government officials and their megacorp buddies avoid competition.
The Chinese subsidies artificially bring down the prices of their cars so that other companies can't compete with their prices. The point of the tariffs is to inflate the price of Chinese EVs to make them too expensive to undercut American competition.
The only people benefiting are American businesses and maybe their factory worker, but the American consumer just ends up paying more for everything.
Tariffs are essentially fees paid to government applying the tariff by the customer paying the tariff. So if you're American, you'd be paying the additional cost to the American government
The Chinese supply chain benefits from government money increasing demand by lowering prices of finished goods, without having to lower prices of supply chain inputs.
Tariffs negate the increase in demand by increasing the price of finished goods. If the prices are brought in line with what the goods would have cost without the subsidies, then the Chinese government has spent that money for no gain, and the US government collects that much money by taxing its citizens instead of letting them have cheaper cars. If the tariffs are even higher than the subsidies, the Chinese government's loss is greater, but the US government's gain is smaller - lower demand leads to less revenue for the Chinese supply chain and fewer taxes collected by the US government.
If you buy a Chinese car that has American tariffs placed on it, the only loser is you. China and USA both benefit.
I would hold out on it, not preorder. I already got ripped off by Sono Sion. I can only hope that it does encourage innovation when it comes out so that eventually in decades it will also be in Europe and I will eventually also be able to use my dusty EV savings account to buy it.
Little back of the envelope math based on some quick google numbers that I didn't fact check, and making some assumptions that I probably shouldn't make.
Cargo ships emit around 10-40 grams of co2 per kilometer
It's something like 11000km from the port of Shanghai to the port of Los Angeles (I don't know the exact shipping routes, or which ports they'd actually be using, but those are the largest ports in China and the US west coast.
It takes about 14-40 days to sail, and another 1-3 days to load/unload the ship. So let's call that around a month round trip and 22000km, so up to about 12 trips a year max.
The biggest car carrier ships can carry up to about 8500 cars, I'm having a harder time finding what a more average load of cars is, but I saw an article about a Canadian record in 2005 being 5214 cars in a single shipment so let's say 5000 to keep the math easy
Typical passenger cars emit around 4.6 metric tons of CO2 per year
Gonna round some of the numbers up to be pessimistic, make the math easy, and account for some of the other emissions besides CO2, emissions from manufacturing, etc. so let's say 50g/km for ships, 25000km round trip, and that cars emit 5 metric tons/year
So at 12 trips a year, 25000km round trip, emitting 50g of co2 per km, a ship emits 15,000,000g or 15 metric tons of CO2, as much as 3 passenger cars do a year.
Assuming that all of those cars are EVs and sold to replace ICE cars, that those old cars are then taken off the road and not resold, and that the new cars are being charged with green energy from renewable sources or nuclear that aren't emitting carbon
5000 new cars per shipment × 12 shipments per year × 5 tons of CO2 per old car - 15 tons of co2 emitted by the ships = potentially 299,985 metric tons less emissions per year
Now that's probably an insanely high estimate, I'm sure there are about 2000 other things I didn't even try to account for on top of what I mentioned, and some of my rounding probably wasn't entirely appropriate.
But even if all of my assumptions are way off and the actual emissions savings are only 1% of that, that's still almost 3000 metric tons of CO2 saved per year. I think it's definitely within the realm of possibility that shipping EVs from China could reduce carbon emissions.
Shipping is more like 15g CO2/km/metric ton of cargo. No way the whole giant boat emits 10g per km lol, that would be like an order of magnitude less than a Prius per km. But yes, even with shipping, over the lifetime of a car an imported BEV beats a domestic ICE because that initial carbon penalty is like driving let's say quarter of the way to China once in an ICE.