this post was submitted on 17 Sep 2024
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[Dormant] Electric Vehicles

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BYD would still have the cheapest EV in the US, even with a 100% tariff (electrek.co)
submitted 1 month ago by MyOpinion@lemm.ee to c/evs@lemmy.world
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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.

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[–] C126@sh.itjust.works 12 points 1 month ago (2 children)

Tariffs are a punishment for consumers looking for affordable products, designed to help government officials and their megacorp buddies avoid competition.

[–] Neon@lemmy.world 6 points 1 month ago (1 children)

Tariffs were literally lobbied for and implemented by Unions back in anno tobak

[–] aStonedSanta@lemm.ee 2 points 1 month ago

Tariffs would be good if the 1% wasn’t stealing all the wealth imo.

[–] ericjmorey@lemmy.world 5 points 1 month ago

The counterpoints are about local US employment and thinking comparative advantage is bullshit.