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.
i do agree, they should be let in just that dont expect those prices. in order to keep a price low they need the supply chain at a local factory in order to match said price, as well as adhere to the saftey standards for vehicles in said country (they arent the same globally). even in countries that has a BYD factory like Thailand do not get the low end prices that you basically only see in China. While id like the doors open, just keep in mind the vehicles sit closer to 17-22k pre local changes and built fully in said country.
A few half way decent 20k cars here would be very helpful.
Why don’t you buy a Bolt or Leaf if you want a 20k EV?