Honestly, if they shake up the market and force the European manufacturers to produce cheaper EVs I'm all for it
this post was submitted on 29 Jan 2024
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[Dormant] Electric Vehicles
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They already shook up the industry. This is why auto makers are interested in making EVs after decades of telling people that they don't want EVs. China, the world's largest car market, is saturated with EVs. Now China is exporting to countries that don't have as many EVs as China.
It's very similar to what Toyota did decades ago. Create a good product and expand.
saturated
the market is, but the uptake is still ongoing. will be very interesting to see how their power distribution infrastructure adapts to the uptake.
In the UK BYD pricing the seal higher then the Tesla model 3 is a strange decision. Also the mg4 being cheaper then the dolphin doesn't help.
I hope they come to the Middle East, I'd love to have one
They will. Once battery supply is sorted out, EVs will be cheaper to buy than ICE cars.
In Saudi Arabia EVs are already cheaper to fill up. Just waiting for the cheap Chinese EVs.
How are the tariffs like? I don't know about Europe, but the US has a 25% tariff on Chinese vehicles and they're even considering raising that. Seems like it'd be a major stumbling block.
There's also the fact that when your country is renown for dirt cheap shit that maybe works, I don't know if I'd put my butt over a potential bomb.
China is known for cheap shit because of people cutting corners to make a quick buck (e.g. companies outsourcing to China and choosing the cheapest options to maximize profits). When it comes to vehicles, it doesn't work that way since you scare away customers if such an expensive item fails. China is capable of making high quality things and do all the time. Do you think Chinese phones are exploding all the time?
No, cause that would stop the spyware.
A car is basically a phone on wheels these days so I guess that means the car won't explode either and we're all good. All brands of phones and cars spy on you now, by the way, it's not restricted to one country.
Simp all you want, it won't change anything.
If countries weren't afraid of Chinese EVs eating into sales of domestic vehicles, they wouldn't be applying tariffs like the US's 25% tariff on Chinese vehicles, a tariff they plan on increasing, by the way: https://www.reuters.com/world/us/us-lawmakers-want-biden-hike-tariffs-chinese-made-vehicles-2023-11-08/
So what? I never said anything about them being afraid. OTOH, using low low prices to wedge themselves in the market and kill competition is their common tactic.