this post was submitted on 27 Dec 2023
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288
Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker (www.bloomberg.com)
submitted 10 months ago by L4s to c/technology
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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

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[–] Gazumi 16 points 10 months ago (1 children)

Predicted for this quarter. Musk has been scoffing the idea, whilst watching them catch him and simultaneously shooting himself in the foot with his own plans.

[–] [email protected] 16 points 10 months ago (1 children)

Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.

So will the EU.

But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse.. it's a win for the planet!

[–] Gazumi 2 points 10 months ago (1 children)

Tariff slapping had been tried by Trump. Very poor outcomes. There will be a more moderated approach, but we will need to see how that pans out

[–] [email protected] 1 points 10 months ago

I'm confused what you think is going to happen? There at 25% and Biden doesn't think they are high enough, they are already currently in talks of increases AFAIK.