The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.
Tesla had pioneer advantage
The Chinese will make better vehicles more efficiently and cheaper
That should make everyone happy
As can we all.
The question is can they survive when their cars catch on fire at an alarming rate? https://www.yahoo.com/news/articles/hundreds-cars-burn-byd-fire-130025851.html
And they say batteries aren’t to blame, because you know car seats, electric motors, and body panels are known for just randomly catching fire. It obviously wasn’t the batteries /s
A huge domestic market is a strong advantage for Chinese manufacturers.
Even if every single country stops buying Chinese cars, they’ll still have a base of 1.5 billion potential customers.
With more countries actively partnering with China, this number goes up considerably.
They sell a lot of EVs because of laws. China did not make EVs voluntary in large cities.
Indeed, environmental regulations have played a pivotal role in the development of Chinese EV market, no doubt here.
In some cities, ICE cars are borderline unusable since you can’t even drive them at will any day you want - assuming you can even get a license plate in the first place.
What I meant was that international pressure on the demand side is not as scary for Chinese companies as it is for many other places.
Tho, maybe it’s because the Chinese don’t deal with these huge margins they have on cars now. A new car now costs tenfold what a new car would cost a few decades ago
A new car now costs tenfold what a new car would cost a few decades ago
Average car price 20 years ago in Canada, $32,700. That $52,000 corrected to inflation.
Average price of new car in Canada 2026 is $63000, but average is a stupid measure, the median is much lower.
I can’t find the actual median price but it is estimated by one site at $45K.
The big difference between today and a few decades ago is people leasing cars they cannot afford, which drives up prices.
Not entirely disagreeing with you. The way you worded it was always going to be the case if all you do is compare window sticker prices from across the decades though. Inflation cuts your money in half roughly every 20 years. A 20K car in 2006 is a ~40k car today even if everything else stayed equal. The average price for cars after inflation is going up though. The US’s trend towards SUVs and trucks is certainly pulling prices up but other things do as well like the government mandated features(small relatively but not nothing).
Some examples(these are when they became mandatory, not available)
- front airbags - 1998
- tire pressure monitoring (tpms) - 2007
- ABS - 2011
- stability control - 2012
- backup cameras - 2018
Are you sure on the TPMS date? I’ve got a vehicle that’s much newer than 2007 that doesn’t have it
For the US it’s September 2007, for the EU it started November 2012 but seems like a phased rollout until 2014. Don’t really follow EU regs.
Canada, and still not mandatory here apparently. Which is weird because a lot of our automotive requirements do tend to follow the US due to common production lines and other such factors
This is the reality of the situation. They are an absolute juggernaut with a tremendous amount of inertia. It seems like it would be a good long term strategy to partner with them, or emulate them at least.
By doubling down on ICE and ultra expensive penis replacement “trucks” the Auto Industry and it’s paid up politicians there are basically committing suicide, so sooner or later there will be plenty of room in that market for auto makers with friendly priced electric cars.
Most Americans would not buy a Chinese car anyway.
I love that Americans pretend to be the most important and competitive market. The combined population of Europe is twice that of the US. South East Asia is 700 million. And the choices in EV’s is triple that off the US.
These are the markets Chinese manufacturers are after. These markets accept Chinese cars based on the price, quality and innovation.
They used to say that about Japanese cars in America too.
And the first Toyotas and Hyundais were awful, they rusted out in minutes.
Most Americans would jump at the opportunity of the price is right. They might tell you to your face they won’t but they will.
Most of our bs is made in China anyway
I wouldn’t be so sure about that. If BYD were allowed to import their entire fleet to the US they would be at the top of my interest list on price alone even if the US prices were double what Ive seen in new articles.
I’m personally in need of a new vehicle and everything, both the pickups I need and the passenger cars, are too expensive and has too much shit I don’t need installed by default. I’m literally holding my car together with ducktape and bailing wire waiting for the Slate Truck to come out.
I think that if Slate Auto actually pulls off a inexpensive light duty EV pickup, and it proves reliable, it may completely change the landscape of the American auto market. I’m pretty sure that Ford and maybe Jeep will survive, but I’m not sure the others will unless they can start kicking out lower priced vehicles quickly.
There are around 290m cars in the us for the 330m people
There are around 420m cars in Europe for the 730m people
So while the actual amount of cars in all of Europe is more than the US the percent car ownership in a single country is insane
Than why don’t they buy foreign EV’s? There were options but now both Hyundai and Kia have stopped selling EV models last year solely in the US. In my opinion that makes the choice for BYD logical as these US established brands can’t even sell their EV’s.
Hyundai has pulled the ioniq 6 but the ioniq 5 and soon to be ioniq3 are sold in the USA still. Unless there was some news I missed. For Kia, Im not sure what their status is.
My own opinion, they were too expensive and the EV charging network wasn’t built up enough to prevent people from feeling like the available range options weren’t large enough.
Still, the absolute number is what matters, still bigger market.
If you are making an ad campaign, all of the US speaks the same language, generally has the same safety regulations, and a much larger percent of the people are your target ad personnel
The EU is a cohesive unit for regulations but speak many different language and once you branch out of the EU to all of Europe you can see why there are huge advantages to advertising in the US.
So no it’s not the absolute number that matters
California is famous for having different safety regulations.
I don’t see how the percentage should matter, absolute numbers matter. You get money for every sale, if you sell to 1% or to 99% is irrelevant.
I want nothing more than to be able to buy such a cheap electric car that BYD could sell me.
It’s so pink. I want it!
But I truly want them here. I work in the automotive industry and yeah, they’re scared shitless. However, from my point of view it seems like a greed thing. It would drive competition hard and that would mean short to medium term r&d cost increases.
We are so fucking far behind it’s not even funny. Shutting out the competition is just putting our head in the sand. It is time to get into gear.
Once again, this news makes the man happy.
Ah, I see that the 50-cent army has fucking arrived, too.
So glad that Biden decided that protecting Elon Musk’s financial interests was more important than Americans having affordable electric cars.
Every centrist who rails against tariffs but makes excuses for Biden’s protectionism is a massive hypocrite.
That’s what tariffs are for. There is no contradiction and no hypocrisy.
Nobody is against tariffs as a concept, every country protects some industry that is deemed critical (like agriculture) with tariffs and trade barriers. What people complain about are wholesale, generalized tariffs on everything from everywhere based on a ChatGPT suggestion.
Protecting a key industry like electric car manufacturing using tariffs is fine, using tariffs for everything because you just learned the word, is not.
Protecting a key industry like electric car manufacturing using tariffs is fine
We can’t have affordable electric cars because Biden wanted to protect Elon’s profits.
That’s fine by you.
I never said my opinion about that, just said what tariffs are for.
Obviously protecting an industry makes prices go up, that’s exactly the intended effect.
BREAKING NEWS: Thing that is happening can in fact happen!
Sure wish rich dicks weren’t holding back innovation in my country!
they want you to buy thier overpriced evs in the us.
“thriving car company not selling in the U.S. says it exists”
Well yeah, we know it’s doing well and it isn’t here… Why would the title even need to be stated?
To remind pedohitler that his country is not the center of the world and that others can in fact survive and thrive without him.
Pedohitler is a nice word, gonna steal it.
Isn’t there another post where it shows the cars in the USA are spying on you, triggering an alarm when it detects that you are tired and what not “technological advancements” they put in them?
Hey China, you are welcome to sell me your clean cheap car!
BYD doesnt sell cars in the US according to the article so no, I don’t think BYD is spying on you.
However that other post you’re thinking of was possibly the one about the US manufacturers being forced to build in the spyware by the US govt…
Kinda the opposite to your direction of travel in tge post it seems to me ?
They don’t sell cars but they do sell their electric buses here. So at least are getting quieter buses.
They’ll be selling BYD’s in Canada very soon. I wonder how that will work if there is still a Canadian that needs to cross the border into the usa and ends up in donald trump’s america? Will they let them pass? Will they confiscate the car?
I suspect that will depend on how brown the driver is…
Not only do Chinese (and Korean) cars beep at you when they think you’re tired, they are louder, more annoying and more difficult to mute than other brands.
Plus most of them have a screen with the face of an AI assistant on the dashboard, it seems to be almost standard in China.
Federal Surveillance Tech Becomes Mandatory in New Cars by 2027
Not quite, but almost
Hey China, you are welcome to sell me your clean cheap car!
Sure, but they’ll be spying on you too.
What’s better? To be spied by your government that can use your data against you or the foreign government who can’t.
In an ideal world there’d be no spying, but we don’t live in one.
I mean, I agree we don’t want spying, but: a foreign government absolutely can use your data against you. Whether its creating a profile on you that could later be used against you when you enter that country, using it for statistical or targeted data for influence campaigns…there are a lot of ways.
China in particular has repeatedly deployed extra-territorial “police service stations” in at least the UK, Canada and the US to punish or harass those it’s identified as “Chinese” dissidents or sympathizers in other countries.
a foreign government absolutely can use your data against you
They would like to know which individual have specific skill sets they want. Things such as being able to fly a fighter plane, operate a nuclear plant, or design hypersonic missiles. And they don’t even have to touch that individual, just listen and watch, and get the information they need.
On the other hand, it is very unlikely that I would willingly enter either China or US, so there is that.
even if china does have your data, probably going to run scams that likely wont affect you anyways.
they are planning to actually put spying tech in your car by 2027.
I think the rest of the world is getting there too.