The Chinese government is effectively giving all manufacturers 0% financing and raw materials at cost.
And even still, BYD executives have come out and said their pricing is not sustainable. The Chinese market is engaging in a massive price war and BYD's strategy is to entrench themselves in new markets with "aggressive" introductory pricing campaigns.
When US companies do it, then it is just good business strategy, investing in growth for future profits.
Yes, the bastion of free market capitalism is no much different than the evil communist countries.
> reciprocity
Funny joke. Everybody laughs. Curtains.
Neither appellation is true and probably never was.
To be sure, I know there are a lot more regulations on car manufacturers now, and tech in the cars, but come on!
Querying Claude: "Manufacturers have responded by prioritizing profit, concentrating inventory at higher price points…", "2026 is the first year in the U.S. with no new car priced under $20,000."
Cars in the US are the ultimate regressive tax. The blue-collar worker that needs a car to get to work, the guy that mows lawns for a living, the maids… Sure, used cars are a thing (my first car in my 1984 was in fact a Datsun B-210 that I paid $400 for). But I think everyone has noticed that used car prices are through the roof as well.
The Japanese came in and handed the US car manufacturers their asses in the 70's. We might need something like that again.
Isn't it just USD/EUR underselling itself? Basically it's full $10k cheaper if you agree to not take it out of Japan. Take home is $10k extra. No?
GR Corolla is much better and faster than any supercars of 1970s. Compare price of it with original Countach!
The kind of corporate-socialism that would allow a government to dump cash into an otherwise uncompetitive domestic automotive manufacturer to keep it afloat though, is more an American thing. If American auto manufacturers are right, and BYD is receiving government help, the hypocrisy would be nearly unbelievable
I'm not an economist nor a mathematician, so I will not claim that this is a good expression of the economic impact of these restrictions. But I will say that the average American does not care about which country his or her car originates from. They care about navigating our crumbling infrastructure through the only means possible, the car. We have no reliable public transport in 99% of this country nor alternative modes of transport. We are forced to buy cars.
It seems unfair to me that the average American, who is making less and less per year after we adjust for inflation and purchasing power, should be forced to carry the burden of a technologically backwards industry that is still pumping out millions of gas-powered vehicles, which are not only bad for the environment, but are even more expensive to operate compared to the cost of electric cars per mile.
Our country does not think ahead, all of our decisions just temporarily patch our longstanding issues. America is screwed.
But it's definitely more complex than just money saved = money spent elsewhere
There will probably be a lot more starting next year since they are building a factory in the EU which is scheduled to start production at the end of this year. That bypasses tariffs.
"BYD has sold 19,241 fully electric and plug-in hybrid vehicles in Europe last month, a 255% soar from the same period a year ago."
Small numbers, but I am pretty sure they're in Europe. https://eletric-vehicles.com/byd/byd-sales-in-europe-more-th...
Edited: Tariffs vary across Europe, particularly in non EU nations.