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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker (www.bloomberg.com)

submitted 10 months ago by [email protected] to c/[email protected]

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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

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[–] [email protected] 16 points 10 months ago (1 children)

Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.

So will the EU.

But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse.. it's a win for the planet!

[–] [email protected] 2 points 10 months ago (1 children)

Tariff slapping had been tried by Trump. Very poor outcomes. There will be a more moderated approach, but we will need to see how that pans out

[–] [email protected] 1 points 10 months ago

I'm confused what you think is going to happen? There at 25% and Biden doesn't think they are high enough, they are already currently in talks of increases AFAIK.