Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.
Me waiting for Chinese automakers to flood the U.S. market with $10k electric cars despite massive trade tariffs because it's literally only a matter of time before they can make it profitable to do so by building in Mexico and then seeing all the domestic automakers shitting bricks because they steal a huge market share
best part of this scenario is that the US manufacturers use their hybrid/ev lines to subsidize their trucks. China taking US ev market share would raise truck prices comparative to evs starting a self reinforcing cascade destroying the entire US auto industry without government intervention (there would be though because the brainworms run deeep)
Me waiting for Chinese automakers to flood the U.S. market with $10k electric cars despite massive trade tariffs because it's literally only a matter of time before they can make it profitable to do so by building in Mexico and then seeing all the domestic automakers shitting bricks because they steal a huge market share
best part of this scenario is that the US manufacturers use their hybrid/ev lines to subsidize their trucks. China taking US ev market share would raise truck prices comparative to evs starting a self reinforcing cascade destroying the entire US auto industry without government intervention (there would be though because the brainworms run deeep)