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.
Who do u think makes most of the electronics for vehicles currently?
Components != Complete system including software
Things are so tiny nowadays, you could probably cram a tiny processor w/ ram, and 5g modem into something the size of one of those cylindrical capacitors. Of course getting by the scrutiny of US engineers receiving a product with that would be a little harder.