Because your old vehicle is far worse
Byd now has 300 dealers in apac region
Xcmg is a major leader in electrifying heavy trucks
Vietnam entrance for byd is imminent
bmw is having trouble selling its Evs in china
New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Byd now has 300 dealers in apac region
Xcmg is a major leader in electrifying heavy trucks
Vietnam entrance for byd is imminent
bmw is having trouble selling its Evs in china
broadsword
Brigadier
I'm sure the price gap is also a factor to consider.
BYD needs to compete against vinfast in Vietnam, which are selling in North America. Vinfast has received subsidy from the US.
Lethe
Captain
The notion that BYD or anyone else is going to import Chinese cars to the United States via Mexico is delusional. If there are loopholes, they will be plugged as soon as their exploitation rises to the level of political attention, whether the countermeasure is compliant with NAFTA, WTO, or any other relevant agreement. The clear intent is to prevent Chinese vehicles from establishing any kind of foothold within the United States and nothing will be permitted to stand in the way of that objective. This is not about using industrial policy tools to protect and advance legitimate national interests, it is about viewing China as the enemy to be confronted (and preferably exterminated), and Beijing should recognise that and respond in a proportional manner to discourage others (most importantly the EU) from following the same path. The weak responses that we have seen from Beijing to date will only embolden other nations to believe that they can continue to exploit China's vast market and industrial base to enhance their own profits while simultaneously closing their own markets to Chinese products.
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BYD opening up flagship store on Champs-Élysées
The new Turkish tariffs on Chinese EVs seem to support your position. We'll see if any other countries follow suit.
This is why all US made cars need to be removed from the Chinese market.
Oh they'll definitely follow suit, it's just a matter of time.
Lethe
Captain
I think tariffs, subsidies, state-directed research and investment programs and the like are all legitimate tools for securing national interests. No nation with an established automotive industry is going to allow China to displace and dominate that industry, nor should they be expected to. They're going to want reciprocal import/export rights, joint ventures, local production and assembly, etc. That's all fine, within reason. The American opposition is not like that, however. They're not looking to preserve the American automotive industry, they simply want to lock China out as part of Washington's spiraling, and increasingly all-encompassing and feverish xenophobic hostility that has been building for many years now and will almost certainly continue to build going forward. There is no natural limit to such hostility, no win-win compromise, certainly no clever legislative loopholes to be found, because the entire point is that China must lose (even if USA loses also).
Trump's people, at least, are honest about this:
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China was never going to export cars freely indeed. Automotive is protected pretty much everywhere. This is why large automakers have so many factories throughout the world. Such a practice wouldn't make sense without restrictions by the governments. What is going to happen is Chinese manufacturers will expand globally too.
And I agree about the nature of American tariffs too. They are of malice and China needs to react adequately. I don't think those "moral high ground" arguments hold any water. Nobody in the USA applauds China for being open.