ItsNotAboutTheMoney
Well-Known Member
Interesting to see how Tesla is hanging in there, competing inChina
But times are a changing, BYD is increasing quality and marginally beating Tesla in China in the higher end
Once they enter the low end with rhe M2 and hopefully FSD in China, it should provide a competitive edge
In the USA, once Chinese Geely/Volvo/Polestar start building EVs in the USA, they will use the fake out, not Swedish, to be accepted and have access to IRA $7500
BYD via Mexico will also gain access to IRA $7500
Then BYD and Geely will attack that “cheap” EV category
Hoping Tesla M2 will be there in time
Hard to see how anyone else will survive this
As the EU legacy manuf are struggling to survive for the same reasons
Only China knows how to make real cheap EVs
Hopefully more non chinese will follow
There are "Foreign Entity of Concern" rules.
“owned by, controlled by, or subject to the jurisdiction or direction of a government of a foreign country that is a covered nation.”
That's essentially every Chinese company.