How GM Made the $35,000 Chevrolet Equinox EV into a 319-Mile Range Champ
insideevs.com
insideevs.com
If it were were not for the new 100% tariff on Chinese electric cars, we'd have $25,000 electrics from BYD and Nio in the US now. Like the rest of the world.
[1] https://www.washingtonpost.com/business/2024/05/18/china-us-...
Whereas the reality is that the country’s proud megabrand (VW) has launched a ridiculous line of overpriced glitchfest EVs with unwanted faux-apple styling, then had a public meltdown about how no one wants to buy EVs.
Give me a reasonably priced and reasonably featured EV Caddy workhorse and I will buy one along with half this country.
Honda, Toyota, Mazda, Kia, Hyundai, Subaru, Nissan, GM, VW all make safe, basic cars well under $40k.
The Honda Accord is a perennial "10 best" selection, stars under $30k. Most cars in Consumer Reports cars of the year start under $25k.
Some people would be fine with a tiny barebones car, but that's a minority. I used to have one of these when living abroad and let tell you... It SUCKED. Uncomfortable and was not safe when compared even with a small sedan like the Jetta.
This is also why homes keep getting bigger. There is no way to sell (many) more homes, so to make more, bigger ones have to be built.
Another way to think about this is BYD will undercut Tesla by 10% to win market. If a Tesla is $40K, the BYD might be $36K. It will not be $25K because that would cost BYD $11K they didn't have to sacrifice to win the sale.
Seems ridiculous that American manufacturers don't have to compete.
European and American manufacturers don't get equal access to the Chinese market. Almost all of them have had to enter into partnerships with local Chinese companies with technology transfer agreements to get access to China.
China has subsidized its domestic car industry with cheap loans, cheap land, and direct subsidies for the last decade. What the tariffs do is balance the Chinese government's support of its local car industry:
https://www.nytimes.com/2024/05/14/business/china-exports-ma...
If anything tariffs should have been applied sooner.
You clearly don't know much about it.
As opposed to US and EU firms, which have certainly never received any subsidies /s.
> Perhaps the tariff is to protect VinFast also and therefore US interests in Vietnam
With To Lam as President now, I wouldn't be too hopeful. His rise right now is very similar to Xi's a decade ago.
He'll most likely leverage China to consolidate power, especially because a lot of the US detente was done by his rival's faction a decade ago.
Depends on how important the SCS issue is (US and Vietnam's Armed Forces have been very aligned on against China) versus authoritarian consolidation of power (China and factions of the VCP and MPS are aligned as they don't want a "Color Revolution"-lite like in Korea in the 1980s, Thailand in the 1990s, and CEE in the 90s-2000s. Also much of VN's leadership studied in Czecholovakia during the collapse of the Eastern Bloc).
Unlike Xi who started his career in the PLA under Geng Biao and had a shot at leadership track within it in the 1980s, the VN Military doesn't really like To Lam and the MPS in general.
Seriously hope I am wrong and overreading.
Damned if you do, damned if you don't.
If someone has lived in the north for several years, call it HCMC. If someone has lived in the south for several years, call it Saigon.
If you're in Hanoi or Haiphong, call it HCMC.
If you're in HCMC/Saigon, call it Saigon.
That said, most VNese in VN don't care.
> I don't want to be involved with politics
Most people don't. It's stressful and outside our hands.
> Vietnam which suffers from severe air pollution especially from vehicle exhaust -- the worst being in Hanoi -- is the adoption of electric vehicles manufactured by VinFast
A lot of the pollution around Hanoi+Red River Delta is because of coal power plants and the fact that it's surrounded by mountains trapping all the smog (sort of like Milan and Los Angeles)
There might be more adoption in Hanoi (wouldn't be surprised as VinGroup is from there and PSU employment is much more prominent there) but at least in Saigon/HCMC and a couple other southern+central cities, they weren't as prominent.
Most people had motorbikes and those with cars were largely driving Korean+Japanese brands (Suzuki, Mitsubishi, Hyundai)
I don't think that was ever on the table. Giving any country a base in VN would drastically affect it's tightrope of neutrality.
For example, they have strategic partnerships with US, China, Russia, Sourh Korea, Japan, and India in order to balance relations and maintain neutrality
One thing I'm scared is if Trump becomes president, because a lot of people in his orbit who potentially will become SecState aren't as publicly tactful as it is a quick political win, and might force VN to choose between neutrality or a side.
If VN is pushed to make a choice, they most likely will choose China just like Thailand+Malaysia did because no one wants a war over the SCS.
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The Armed Forces are pro-US, as much of the leadership started their career in the Sino-Vietnamese and Vietnam-Cambodia wars from 1979-1991, and the VN Navy has had multiple confrontations with China in the 2010-2017 period similar to those PH is facing today.
The MPS and Nguyen Phu Trong's faction (I call them the Northern faction because of Nguyen and his acolytes starting their career in North VN during the war to 1990s) are much more authoritarian, and more open to leaning towards China due to business and party relations as a lot of FDI in Northern VN came from China. The new president is from this faction.
The currently purged faction (who I call the Southern faction because Nguyen Xuan Phuc and Truong Dan Sang plus their acolytes started their careers in Southern VN in the 1990s). They are also authoritarian, but more business facing and more open to Western relations as much of Southern VN's FDI came from Korean and Japanese companies. VN was largely ruled by this faction throughout the late 2000s-early 2020s when COVID corruption scandals came front and center. Hoa/Chinese Vietnamese are fairly prominent in this faction as they tend to be prominent in business.
For now, VN appears to prefer neutrality and not having to choose between a side, but if push comes to shove, they will make the choice that will prevent a localized war due to leadership's memories of the 1940s-1990s.
They started selling it: https://www.chevrolet.com/electric/blazer-ev
Edmunds review: https://www.youtube.com/watch?v=ErCaN1E6Ais
MotorTrend review: https://www.motortrend.com/reviews/2024-chevy-blazer-ev-firs...
Car and Driver overview: https://www.caranddriver.com/chevrolet/blazer-ev
They bailed on the American Caprice and ceded the market for big ass cop cars to Ford. LAPD liked theirs so much they refurbished them at least once instead of going with new Crown Vics.
Also the 35k trim won't be available until later this year.
You could buy a 2023 Bolt starting at $26,500, and they're great cars.
https://en.wikipedia.org/wiki/Chevy_Bolt
vs.
>"Give us a budget EV that does this or that and we will buy it!
>"How about the Chevy Bolt?"
>"Sorry, the drag coefficient isn't as low as I'd like."
It's always something. This is why auto companies aren't building cars for these people: they have lots of opinions, but don't actually buy cars.
You're generalizing, and it is disingenuous.
I'm talking about things exactly like this: "these cars don't compete because one you put the luggage in the trunk!"
The Bolt is smaller and lighter than the Model 3.
Also we'll see what the new LFP bolts weigh...
You called it a "larger vehicle". In no way is it "larger" than a Model 3. Right? Who said anything about range?
It's an irrelevant distinction, agreed.
Outside the US, Polestar and BYD are also selling well.
[0] https://www.motor1.com/news/714695/hyundai-evs-sales-spiked-...
I wonder if the consensus on HN is still that Tesla is going to bankrupt the entire car industry?
Without tariffs China can destroy every single US industry, one at a time, by flooding the marked with subsidized products.
Also doesn't the US heavily subsidize domestic manufacturers e.g. during the great recession and more recently with EV subsidies?
And how exactly do tariffs help US manufacturers stay competitive on the global market? They don't.