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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple (www.cnbc.com)
submitted 15 hours ago by vegeta@lemmy.world to c/technology@lemmy.world
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[-] boonhet@sopuli.xyz 9 points 11 hours ago

Doesn't the EU balance it out with tariffs?

Those cheap BYDs ain't all that cheap here

Now if EU increased subsidies for domestic EV production, domestic solar panel production, etc... We could really have something great.

[-] Ulrich@feddit.org 2 points 11 hours ago

Doesn't the EU balance it out with tariffs?

No.

Those cheap BYDs ain't all that cheap here

Yes they are.

Now if EU increased subsidies for domestic EV production, domestic solar panel production, etc... We could really have something great.

Truth there.

[-] boonhet@sopuli.xyz 11 points 11 hours ago* (last edited 11 hours ago)

Hmm

In October 2024, the EU increased tariffs on Chinese-built EVs, including 17% on those made by BYD and 35.3% for SAIC, on top of its standard car import duty.

Also my friend in the middle east was excited for the BYD Dolphin (I think) for its price and it was... Nearly twice as much here when I looked it up?

BYDs seem cheap because they make budget EVs. Mercedes, Audi, etc, do not.

[-] Ulrich@feddit.org 2 points 10 hours ago* (last edited 8 hours ago)

No one is denying that the tariffs exist. I'm denying that it "balances out". BYD is still way cheaper than comparable EVs.

BYDs seem cheap because they make budget EVs. Mercedes, Audi, etc, do not.

Mercedes, Audi, etc. are established several decade old prestigious brands that don't need rock bottom prices to gain market share.

BYDs don't "seem" cheap. They are cheap.

[-] boonhet@sopuli.xyz 4 points 8 hours ago

Yes, they're cheap because the competition is higher end vehicles. BYD's own high end models are expensive too. They don't sell the Han here because you could get EQE or i5 for that amount.

[-] Ulrich@feddit.org 1 points 7 hours ago

Yes, they're cheap because the competition is higher end vehicles.

No they're not. They're cheap because they're subsidized.

[-] boonhet@sopuli.xyz 1 points 16 minutes ago

But they're not cheap after the tariffs. Yes, cheaper than German luxury cars, but not cheaper than comparable cars.

this post was submitted on 28 Aug 2025
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