BYD releases 5th-generation hybrid car technology with 2,100-km range
https:// www.chinadaily.com.cn /a/202405/30/WS6657e2d6a31082fc043c9fd9.html BYD releases 5th-generation hybrid car technology with 2,100-km range
2100 km of range is huge and I bet someone will still find a way to say it isn't enough lmao.
26That’s 20 hours of driving at 65mph.
11But I regularly throw a few handfuls of assorted pills and drive around the continent for a full weekend.
I literally can't use that car!!!!
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The open secret is that China's EV subsidies are designed to keep sales within the country, because otherwise Chinese EV companies could make obscenely higher margins selling overseas.
The BYD Seagull ($9700 in China) is being sold as the BYD Dolphin Mini in Mexico... For $21000.
The BYD Seal U (€19400 in China) is being sold in Germany for €41990.
23Every single Chinese EV manufacturer wants to go make sales abroad because the price war in China makes profits barely attainable, but government policy and subsidies keep sales within the country.
13Imported chinese EVs are still undercutting the European manufacturers, as much they have been lobbying to have increased import fees on the cheaper non EU EVs. The narrative is that they are heavily subsidised to the extend they cannot compete anymore, in so crippling overal in-continent EV development. Resulting in a dependence to the East.
If I am not mistaken such import fee has just passed in Brussel, in order to protect the European market.
In a weird way, humanity has been longing for greener automobile solutions, and now that it’s there, Europe wants to slow it down.
3The US wants to slow it down. Europe is just following orders.
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Isnt it the norm for imported item to be much more expensive than what they are in their own country? Not just cars, but ... everything.
2Tesla Model 3 in the US: $40000
Tesla Model 3 in China: $32000
Tesla Model 3 in Germany: $44000
Tesla Model 3 in Australia: $37000
Tesla Model 3 in Mexico: $37000
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