The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.
The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.
Most Americans would not buy a Chinese car anyway.
I love that Americans pretend to be the most important and competitive market. The combined population of Europe is twice that of the US. South East Asia is 700 million. And the choices in EV’s is triple that off the US.
These are the markets Chinese manufacturers are after. These markets accept Chinese cars based on the price, quality and innovation.
They also said that about Tesla, “no new car company can be successful…”
Have you seen Tesla sales since 2025? They are getting out of the car business.
Yeah, even before its ceo came out of the closet as Nazi- after growing to a successful car business they got distracted by new and shiny
But I still think their cars are better technology than anything else in the us, and now cheaper than most. They still have their big upcoming push into semis. They still have most superchargers. They still have a rapidly growing storage business. The cybertruck flop really hurt them and I don’t see how they can afford another.
But ai doesn’t really have a profitably business model yet and humanoid robots are a much bigger gamble with no market yet. This is where a more typical business owner would create new corporate entities so Tesla could become a successful car company while the ceo could try other gambles
I wouldn’t be so sure about that. If BYD were allowed to import their entire fleet to the US they would be at the top of my interest list on price alone even if the US prices were double what Ive seen in new articles.
I’m personally in need of a new vehicle and everything, both the pickups I need and the passenger cars, are too expensive and has too much shit I don’t need installed by default. I’m literally holding my car together with ducktape and bailing wire waiting for the Slate Truck to come out.
I think that if Slate Auto actually pulls off a inexpensive light duty EV pickup, and it proves reliable, it may completely change the landscape of the American auto market. I’m pretty sure that Ford and maybe Jeep will survive, but I’m not sure the others will unless they can start kicking out lower priced vehicles quickly.
They used to say that about Japanese cars in America too.
And the first Toyotas and Hyundais were awful, they rusted out in minutes.
No one cares about population. It’s about gdp.
American media pretends. Americans are just stupid.
Id buy a Chinese car before an American one (as an American).
Most Americans would jump at the opportunity of the price is right. They might tell you to your face they won’t but they will.
Most of our bs is made in China anyway
There are around 290m cars in the us for the 330m people
There are around 420m cars in Europe for the 730m people
So while the actual amount of cars in all of Europe is more than the US the percent car ownership in a single country is insane
Than why don’t they buy foreign EV’s? There were options but now both Hyundai and Kia have stopped selling EV models last year solely in the US. In my opinion that makes the choice for BYD logical as these US established brands can’t even sell their EV’s.
They’re basically one company and they stopped importing EVs. They still build and sell plenty of new EVs in the U.S., made in their plants in the state of Georgia. They’re also currently expanding capacity at their plants, in the hopes of catching more of the growing electric SUV market.
So they no longer sell the top of the line trim level of the Kia EV6, or the Hyundai Ioniq 6, but they’re still building and selling very similar models on the same platform. The Kia EV6 still exists in the lower trim levels, and the Ioniq 6N and the Ioniq 5 and 5N, and their smaller EVs (Kia Niro, Hyundai Kona) are still available, too. Both brands launched their 3-row electric SUVs in the US, too (Hyundai Ioniq 9, Kia EV9).
A lot of companies are slowing down their EV rollouts, but I wouldn’t say that Hyundai/Kia is the best example of that.
Hyundai has pulled the ioniq 6 but the ioniq 5 and soon to be ioniq3 are sold in the USA still. Unless there was some news I missed. For Kia, Im not sure what their status is.
Kia pulled its EV6 GT, which basically did not sell well in the US. They only manufactured that particular top tier trim level in Korea, but the other EV6 trim levels continue to be manufactured and sold in the U.S. (Wind, GT-Line). Kinda stupid that they named their top of the line the GT and the one just below that the GT-Line, but brands can be stupid with naming schemes sometime.
My own opinion, they were too expensive and the EV charging network wasn’t built up enough to prevent people from feeling like the available range options weren’t large enough.
Still, the absolute number is what matters, still bigger market.
If you are making an ad campaign, all of the US speaks the same language, generally has the same safety regulations, and a much larger percent of the people are your target ad personnel
The EU is a cohesive unit for regulations but speak many different language and once you branch out of the EU to all of Europe you can see why there are huge advantages to advertising in the US.
So no it’s not the absolute number that matters
California is famous for having different safety regulations.
I don’t see how the percentage should matter, absolute numbers matter. You get money for every sale, if you sell to 1% or to 99% is irrelevant.
California is famous for having different emission regulations. They have an exemption from the national law that they’re allowed to make stricter emissions and gas mileage regulations. None of those should prove to be a burden for anyone who wants to sell a battery EV in California, because there’s no standard that applies only in California to EVs.
Imagine you owned a store, what seems better, having 40 customers come in and all of them buy or having 80 people come in and all use up time with a salesman and then only 45 people purchase. You would end up spending a much more significant amount of the sales revenue on the larger showroom and more staff. This isn’t my opinion this is why the American market has been prioritized, that and the fact that Americans spend more on cars per year
California has different emissions requirements (not safety) but since they are a strict upgrade to the rest of the US (and comparable to other int markets) as long as you follow their requirements all cars in the US can be sold without any contradictory requirements
A very common kpi used is to examine the success of a campaign in a per target demographic so having the much lower response rate is worse
The 80 people with 45 sells, hands down. You don’t need more showroom, showroom depends on the product. You don’t need more staff, they work on commission, and again are proportional to the inventory.
Let alone that the comparison is pointless, in Europe people who don’t want a car don’t go car shopping and don’t consume any imaginary resources. You are in a town of 80 people and 45 visit your store to buy a car instead of a town of 40 where all 40 buy.
Well this is a waste of my time so I will leave you with one final look up. How many cars are sold per year in the US compared to Europe?
Hint the answer is the US
How many cars are sold per year? The answer is the US.
Am I having an aneurysm or are you?
I want nothing more than to be able to buy such a cheap electric car that BYD could sell me.