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Meet the Little Chinese Car Threatening a ‘Bloodbath’ for U.S. Auto Industry

Meet the Little Chinese Car Threatening a ‘Bloodbath’ for U.S. Auto Industry

by Headline USA
May 14, 2024
in Aggregated, Opinions

‘Any car company that’s not paying attention to them as a competitor is going to be lost when they hit their market. BYD’s entry into the U.S. market isn’t an if. It’s a when….’

May 13, 2024 A Seagull electric vehicle from Chinese automaker BYD for test driving is parked outside a showroom in Beijing. / PHOTO: AP ( Headline USA ) A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.

The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.

Tariffs on imported Chinese vehicles probably will keep the Seagull away from America’s shores for now, and it likely would sell for more than 12 grand if imported.But the rapid emergence of low-priced EVs […]

Read the Whole Article From the Source: headlineusa.com

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