• 13 Posts
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Cake day: September 14th, 2023

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    • Not everyone has the budget to openly spend 20K plus on a new vehicle, which means lower demand
    • Since not everyone will just buy a new car, companies need to make as much money per unit sold which means luxury cars make more sense These points together should make sense. They are marketing to people that have a lot of disposable income. If they have a lot of disposable income, they probably want a luxurious car. People with 200k+ annual salaries want to keep up with the Johnses so a 20k EV car they can easily afford doesn’t look as cool compared to their neighbor’s 80k+ car. So they want a 80k+ car with all the bells and whistles.

    The reason we stop China is not related to supply and demand so much as stopping companies that China has given unfair advantages to. If BYD was making cars without signifcant Chinese subsidies, then yes I would be bothered by these tariffs as well.


  • I mean the tech is still new as well as the point that SSJMarx mentioned. To add to the list of reasons to make expensive version of cars first:

    • New tech is more expensive usually
    • Not everyone has the budget to openly spend 20K plus on a new vehicle, which means lower demand
    • Since not everyone will just buy a new car, companies need to make as much money per unit sold which means luxury cars make more sense
    • additionally lowering demand is the fact that not everyone wants an EV or feels comfortable driving them (due to its different fueling method)

    I do expect that over time manufactures will begin to release cheaper EVs over time that are aimed for average consumers.





  • What would be the alternative? China is no releasing numbers to how much they subsidize BYD, I doubt BYD would want to be that transparent either.

    From my point of view the US could either wait, try to study and figure out the puzzle for how much China subsidizes BYD in order to come up with a good tariff amount, all while China still accomplishes its goals, or they can put tariffs now and make adjustments later. For all we know, 100% tariff may be too low, we don’t know for certain.

    Let me know if there’s a better plan that’s being talked about.


  • Because China is not fairly competing with other countries. They are subsidizing BYD manufacturing and supply chain with the goal of making BYD the largest electric car company in the world. Yes, their vehicles would probably still be cheaper than other manufactures even before subsidies (Lower cost of living in china, ignoring of fair wages, ignoring of environmental concerns all reduce costs), but they are unfairly trying to make the world reliant on their products.

    That being said, i do agree with your sentiments that we should be making it easier to purchase electric cars. Providing additional discounts or high turn in credit for returning your current gas car would be appreciated so that we can actually make progress on reducing global warming.