Comment on Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
boonhet@sopuli.xyz 3 weeks agoHmm
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.
Ulrich@feddit.org 3 weeks ago
Yes, we have established that the EU has tariffs. What we’ve not established is that BYD isn’t significantly less expensive than other brands in the EU.
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 3 weeks 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 3 weeks ago
No they’re not. They’re cheap because they’re subsidized.
boonhet@sopuli.xyz 3 weeks ago
But they’re not cheap after the tariffs. Yes, cheaper than German luxury cars, but not cheaper than comparable cars.