The Model 3 in China is only ~$30k.
Stuff is just cheaper in China.
I highly doubt BYD could sell a car in the US for $20k.
Stuff is just cheaper in China.
I highly doubt BYD could sell a car in the US for $20k.
This is because the "safety" measures focus on cars and drivers, while everyone is switching to "truck" vehicles that are less safe for pedestrians.
Yeah I see no way that happens. They have no dealer network to fall back on, so they have to either partner with someone already established, or they have to try and spin up a mobile service network like Tesla did. That costs money, and isn't going to happen while selling $20K cars.
Or Walmart. Hell, even Costco could play well here.
But yes; in practice the US have banned Chinese EVs by a combination of subsidy policies and import taxes.
The 2025 Volvo EX30: Priced to Tempt Americans
Just because a Chinese holding company owns something doesn't mean it's a "Chinese company".
Just like MG, which is now a brand owned by Shanghai Automotive Industrial Co. Or Jaguar Land Rover, owned by Tata Industries.
It's only a reductionist view in the very short term.
In fact, JLR and Volvo were more "brands" under Ford ownership, as compared to now where both are independent car makers.
So yes, it's a Chinese company, as much as the ownership of any large modern conglomerate can be attributed to a given nation. If that one guy wants all Volvo's to be shipped fluorescent pink it's going to happen.
Note that I was referring to Volvo Cars, the company that manufactures trucks etc. isn't owned by the same holding company, but they've got an agreement to share the "Volvo" brand.
Great Wall Motors (Haval, GWM brands) is trying to push hybrids here. China already has its own legacy manufacturers like Toyota or Volkswagen.