New Energy Vehicles (NEVs) in China

H

henrik

Senior Member
Registered Member
tphuang said:
lol, except Trump already said he'd welcome Chinese automakers to build factories in America.

Now, I must say that BYD will not enter US PV market anytime soon.

Keep in mind that Canada is not US. BYD is already in the rest of 5-eye nations as well as Japan and India.

As for your commentary about Canadian political system, you are quite off. And I'd suggest that you not go off topic.
Click to expand...

Please, Log in or Register to view URLs content!
 
G

gelgoog

Brigadier
Registered Member
henrik said:
Please, Log in or Register to view URLs content!
Click to expand...
This is just retarded. Most of Canada's population is in the East. That area has huge hydropower and nuclear generation thus plenty of cheap electricity. So Canada much like Norway or Sweden would hugely benefit economically from switching to EVs. They should in fact be embracing EV production including the construction of Chinese EV factories in Canada. That they do not just shows how myopic and politically captured by the US government the Canadian government is.
 
siegecrossbow

siegecrossbow

General
Staff member
Super Moderator
gelgoog said:
This is just retarded. Most of Canada's population is in the East. That area has huge hydropower and nuclear generation thus plenty of cheap electricity. So Canada much like Norway or Sweden would hugely benefit economically from switching to EVs. They should in fact be embracing EV production including the construction of Chinese EV factories in Canada. That they do not just shows how myopic and politically captured by the US government the Canadian government is.
Click to expand...
That kinda goes without saying.
 
tphuang

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
Registered Member
Wrought

Wrought

Junior Member
Registered Member
Tariffs as leverage for investment is often discussed around here. It's a good idea, under the right circumstances.

Yet Turkey’s use of trade tariffs as a tool of investment suasion is a gamble that may pay off only when certain conditions are in place. Companies such as BYD ultimately need a strong business case to set up a facility to jump local tariffs. They need sizeable domestic markets with good prospects; good access to other markets in the region — both in terms of regulation and infrastructure — and an automotive cluster that allows production at convenient costs.

When all these factors are in place, the cost of losing access due to trade barriers is higher than the cost of investing in a new facility — in this regard, Turkey is a case in point. Brazil, where BYD and other automakers doubled down their investment commitments after president Lula reintroduced import duties on EVs at the beginning of 2024, is another. But when the combination of these factors is not compelling, trade tariffs risk backfiring as producers opt for geographies with lower trade barriers that guarantee a similar level of domestic and international market access.
Click to expand...

Please, Log in or Register to view URLs content!
 
You must log in or register to reply here.
Top