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2024-03-23 Economy

BYD: Here Comes the EV Bloodbath Trump Warned Us About

[PJ] Donald Trump was right. It's going to be a bloodbath when China's BYD starts selling its "fun-to-drive" Seagull EV in this country at a price not even Tesla can match.

The five-door hatchback doesn't have the best range or fanciest amenities. But what it does have is a top price under $14,000, good safety features, aggressive looks, and plenty of financial backing from Beijing. BYD's specialties are batteries and high-tech manufacturing, and they're using both to aggressively expand overseas production and deliveries.

An improved version for South American markets, called the Dolphin Mini, is already on sale, starting at $21,990.

"What we’ve seen over time is automotive manufacturers eventually enter all the markets that matter... Ultimately the Chinese will come to the U.S.," Marin Gjaja—chief operating officer for Ford's EV unit — told CNBC in an interview last week.

The Alliance for American Manufacturing said in February, "The introduction of cheap Chinese autos—which are so inexpensive because they are backed with the power and funding of the Chinese government—to the American market could end up being an extinction-level event for the U.S. auto sector."

Some might call it a bloodbath.

Posted by Besoeker 2024-03-23 02:43|| E-Mail|| Front Page|| [11149 views ] Top
File under: Commies

#1 BYD’s new EV, starting at less than $10,000, is stoking fear across the industry

Posted by Skidmark 2024-03-23 05:02|| 2024-03-23 05:02|| Front Page Top

#2 The dirty truth about Biden's electric future

Posted by Skidmark 2024-03-23 06:20|| 2024-03-23 06:20|| Front Page Top

#3 Elon Musk’s Tesla Shows Cracks in Its EV Business Model

Posted by Skidmark 2024-03-23 07:12|| 2024-03-23 07:12|| Front Page Top

#4 BYD has had serious QC issues, both overseas and at home. Too many sources to refer to here, but be wary of information funded by BYD (where everything is rosy).

According to auto service shops in China, they've cheapened their sub-frames, steering gears and suspensions on the lower-mid priced models over the last few years to cut costs. Plus, their onboard charging systems for all models seem to fail (or even induce battery fires) quite often.

And I wonder if the Chinesium 'metal' would even survive a winter in the 'Salt Belt'.

Posted by Mullah Richard 2024-03-23 08:15|| 2024-03-23 08:15|| Front Page Top

#5 I always wondred: Do EVs have to get UL approval?

Posted by M. Murcek 2024-03-23 08:17|| 2024-03-23 08:17|| Front Page Top

#6 Attempting to build the future Chinese EV market here in the US. Is there anything else to see ?

Posted by Besoeker 2024-03-23 08:22|| 2024-03-23 08:22|| Front Page Top

#7 Do EVs have to get UL approval?

The UL listing isn't what it used to be, MM. The Canadian ULc is still fairly good.

The US UL labs are more interested in taking your money.

Posted by Mullah Richard 2024-03-23 09:13|| 2024-03-23 09:13|| Front Page Top

#8 Yeah, MR, I get that. My comment was a toss off of snark. As a guy who fixes electronic and electrical stuff I don't have much faith in UL approval.

Posted by M. Murcek 2024-03-23 09:47|| 2024-03-23 09:47|| Front Page Top

#9 An all-electric Yugo? Where can I buy one?

Posted by magpie 2024-03-23 09:55|| 2024-03-23 09:55|| Front Page Top

#10 Agreed, MM.

Posted by Mullah Richard 2024-03-23 10:34|| 2024-03-23 10:34|| Front Page Top

#11 Doesn't matter if a 40k vehicle washes your balls, if all you can afford is the 10k Chyna Pinto.

And from what I've been hearing, regionally, furniture sales are way down and off-brand appliances are steady. That means nobody has spare money.

Posted by swksvolFF 2024-03-23 11:03|| 2024-03-23 11:03|| Front Page Top

#12 ...IF this is true/safe - and those are a couple of big IFs - this might well upend the entire US market, especially if you can home charge it without special gear. I have no problems with an EV, but it makes no sense for anything other than a car for local use - call it a 100-125 mile range on a charge. If you can get that with home charge, there will be a bloodbath at the Big 2.5 and Tesla.

Mike

Posted by MikeKozlowski 2024-03-23 11:07|| 2024-03-23 11:07|| Front Page Top

#13 Doesn't matter if it is safe, that's a risk Biden is willing for you to take.

First Responders have been saying for like half a decade about the safety faults of EVs and officials don't care because agenda and narrative.

Posted by swksvolFF 2024-03-23 11:22|| 2024-03-23 11:22|| Front Page Top

#14 Only time a politician cares what first responders think is at endorsement time. And usually the union is not on the same page with the rank and file members anyway.

Posted by M. Murcek 2024-03-23 11:31|| 2024-03-23 11:31|| Front Page Top

#15 The Chinese already have a huge problem with these things catching fire. I guess Biden wants more of that over here.

Posted by DarthVader 2024-03-23 11:46|| 2024-03-23 11:46|| Front Page Top

#16 Power company was having a bad day here yesterday, lights were on and off like a disco. When it was all settled, the tube LED light over my kitchen sink and the fan / light in my bathroom were dead.

I can only imagine what similar power surges will do to a poorly designed EV while it's charging.

Posted by M. Murcek 2024-03-23 11:59|| 2024-03-23 11:59|| Front Page Top

#17 Or if they get heckled.

It is hilarious how google changed the definition of 'bloodbath' from actual and rhetorical, to just actual violence.

Ignoring Heinlein's observation that using political authority is force, and the ultimate force is violence.

Therefore, using political authority to force EVs which will destroy the US auto industry is physical force, violence.

So stupidei.

Posted by swksvolFF 2024-03-23 12:09|| 2024-03-23 12:09|| Front Page Top

#18 Bloodbath as in Carville's wet work?

Posted by Abu Uluque 2024-03-23 13:08|| 2024-03-23 13:08|| Front Page Top

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