452
BYD would still have the cheapest EV in the US, even with a 100% tariff (electrek.co)
submitted 2 months ago by MyOpinion@lemm.ee to c/evs@lemmy.world
205 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments
[-] ColeSloth@discuss.tchncs.de 8 points 2 months ago

The point of tariffs like that is to allow us made vehicles be the option of choice to buy.

The $25,000 ev means it's a cheaply made car at what would have been an awesome price at $12,500, but not so great at $25,000.

American manufacturers could/would never be able to compete against a $12,500 ev sedan. So the tarriff keeps American evs bloated prices from looking too unreasonable. They can still compete against a $12,500 car being sold for $25,000

this post was submitted on 17 Sep 2024
452 points (95.4% liked)

[Dormant] Electric Vehicles

3202 readers
2 users here now

We have moved to:

!electricvehicles@slrpnk.net

A community for the sharing of links, news, and discussion related to Electric Vehicles.

Rules

  1. No bigotry - including racism, sexism, ableism, casteism, speciesism, homophobia, transphobia, or xenophobia.
  2. Be respectful, especially when disagreeing. Everyone should feel welcome here.
  3. No self-promotion.
  4. No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
  5. No trolling.
  6. Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.

founded 1 year ago
MODERATORS
Sunshine@lemmy.ca
Ceres@lemmy.world