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As someone who works in the North American auto industry, I understand my job is currently artificially protected by the 100% tariffs the USA has put on Chinese automobiles that have been in place long before the current POTUS.

As a consumer, however, I would really love to be able to actually afford a new car.

If competition inside China is currently driving prices ridiculously low, just think what could be had on both sides of the Pacific if there were lots of BYD’s here? Even if my cushy gig could be lost in the short term, in the long term we’d all benefit.

  • g8phcon2@k.fe.derate.meOP
    4·
    16 days ago

    The Hungary facility, initially planned as a key hub for tariff-free EV distribution across the EU, is now facing setbacks due to rising labour and energy costs, along with uncertainty from the European Union’s decision to impose tariffs of up to 27% on electric vehicles imported from China.

    Why would that make them want to slow down production?

    At the same time, BYD’s plant in Manisa, Turkey, is set to see increased production, with annual capacity expected to exceed 150,000 vehicles by 2027. This move is part of BYD’s larger effort to expand locally manufactured battery-electric and plug-in hybrid vehicles in the European market.

    especially since Hungary is a full EU member state and Turkey is not [yet].

    Regardless 27% is a lot better than the 100% that the U.S. implemented under Biden, and that’s ontop of the latest Trump tariffs. I haven’t heard, but I would be surprised if the POTUS hasn’t increased Biden’s too just because he doesn’t want any Democrat’s name on anything.