Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000.
After discontinuing the production of vehicles powered entirely by internal combustion engines in March 2022, BYD has been at the forefront of the industry’s shift to EVs.
Honestly in my opinion it is time to remove all tariffs on EVs under 25k and let anyone who wants to fill that slot in. American car manufacturers refuse to fill the market need.
The major difference is China is subsidizing green technologies that are good for curbing climate change and the USA is subsidizing harmful shit that’s killing us all
Give me a break. China has some of the most lax environmental regulations on the planet which is why all the nastiest shit on the planet is produced there. To pretend like they’re some bastion of environmental protection is laughable.
Yes, they are subsidizing green technology but this isn’t for the benefit of the people, it’s for the benefit of the government as they want the rest of the world to be reliant on them alone. About a decade ago they did this same exact thing with photovoltaics and put a ton of solar manufacturers out of business because nobody could compete with a pocketbook the size of the Chinese government’s.
In China, abandoned EVs are piling up all over the place. Can you point out what about this is good for the environment when EVs only begin to offset the pollution created from their production after they’ve been driven around for a few years?
https://www.bloomberg.com/features/2023-china-ev-graveyards/
https://en.m.wikipedia.org/wiki/List_of_countries_by_carbon_dioxide_emissions_per_capita
https://ourworldindata.org/grapher/co-emissions-per-capita
Does your gut have any published studies?
They’re also building 95% of the world’s new coal plants: https://www.carbonbrief.org/china-responsible-for-95-of-new-coal-power-construction-in-2023-report-says/
New coal construction has basically stopped everywhere else, including the US.
“Per capita” is also doing some heavy lifting. Nature doesn’t care about per capita. It cares about overall output, and China’s is enormous. They’d need to produce over four times less co2 on a per capita basis to be equivalent to US output. They’re closer to two times.
