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.
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”.
Okay fair point. What about regular old prison labour?
You mean prison slavery? That’s the US, get on it lol
Hey I’m not discriminating, I think US and China compete very well on prison populations.
Not really, and you can thank every president after and including Nixon for that. Specially Nixon and Reagan though.
How reliable do you think those numbers are?
Reliable enough for Wikipedia, it seems.
https://en.m.wikipedia.org/wiki/Comparison_of_United_States_incarceration_rate_with_other_countries
Yeah a cursory look does seem to confirm the USA is a world leader in locking people up!
China is sadly far behind in yet another key metric. But they’re making good headway by having almost as many Uighers in camps as their entire prison population!
Thanks for the sources.
Not a thing where I live, so I didn’t even consider that.