BYD may build electric vehicle factory in Mexico for US market (arstechnica.com)
from einat2346@lemmy.today to world@lemmy.world on 14 Feb 2024 15:24
https://lemmy.today/post/6526859

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autotldr@lemmings.world on 14 Feb 2024 15:25 next collapse

This is the best summary I could come up with:


Factories are in various stages of planning or construction in Thailand, Hungary, and Brazil, and now, BYD is studying the feasibility of a factory in Mexico, potentially in Nuevo Leon, or perhaps the Baijo region in the middle of the country.

But building vehicles in Mexico would also mean BYD could take advantage of the US-Mexico-Canada Agreement, which would allow it to keep its prices lower.

That would be particularly advantageous if BYD plans to target the underserved lower end of the new car market.

BYD’s EVs may not necessarily qualify for the full tax credit, as other parts of the law make an EV ineligible, depending on where its battery contents were sourced or if its battery was made by a Chinese-owned company.

The Alliance for American Manufacturing has gone so far as to call for a change to the USMCA “to ensure companies headquartered in a non-market economy like China cannot set up a factory in Mexico or Canada to gain preferential treatment.”

And speaking about Chinese automakers last month, Tesla CEO Elon Musk said, “If there are no trade barriers established, they will pretty much demolish most other car companies in the world.”


The original article contains 392 words, the summary contains 196 words. Saved 50%. I’m a bot and I’m open source!

beaxingu@kbin.run on 14 Feb 2024 15:45 collapse

these cars will go up in flames faster then a tesla but at least they will be cheaper.

jmiller@lemm.ee on 14 Feb 2024 16:48 next collapse

EVs very rarely catch fire. A vehicle with a large tank of gasoline which is burned to produce power poses a much higher fire risk.

20-60x more likely to catch fire, depending on which study you look at. My first Google result said 20x, but it was on an EV focused website, and I thought they might not be impartial. But Kelly Blue Book should be pretty good, right? Their article says 60x.

kbb.com/…/study-electric-vehicles-involved-in-few…

beaxingu@kbin.run on 14 Feb 2024 17:19 collapse

all im saying is BYD is big hype. a lot of Chinese subsidies to try and take over the marked by being cheaper. china is not known for its quality but for its quantity and in a car you will notice that very fast. and i will laugh at everybody who gets one.

DistractedDev@lemmy.world on 14 Feb 2024 17:24 next collapse

I would buy it. If I can get a decent brand new car to get from point A to point B for 10k, I wouldn’t even consider the other 40k options. I’d laugh at the people who have to waste that extra money to make themselves look richer or whatever.

beaxingu@kbin.run on 14 Feb 2024 17:46 collapse

if you would buy one then you would consider BYD a decent brand. i don't. they seem more like propaganda tool then car brand.

jmiller@lemm.ee on 14 Feb 2024 18:15 next collapse

Well, you are right about the subsidies and going after bigger market shares. And they may not be the highest quality vehicles, but I don’t think they will be terrible either or they wouldn’t hold on to the market share they gain.

They have been making electric buses and forklifts in the US since 2009, and have a decent reputation.

beaxingu@kbin.run on 15 Feb 2024 11:08 collapse

like i said hype fake it until you make it.

jol@discuss.tchncs.de on 15 Feb 2024 04:54 collapse

They don’t need to be perfect, just better than Tesla which is a shit show

BumbleBeeButt@lemmy.zip on 14 Feb 2024 17:58 next collapse

Not with lithium iron phosphate. Ironically Tesla are probably shittier.

sylver_dragon@lemmy.world on 14 Feb 2024 20:45 next collapse

This isn’t Samsung.

PipedLinkBot@feddit.rocks on 14 Feb 2024 20:45 collapse

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Samsung

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demonsword@lemmy.world on 14 Feb 2024 21:53 collapse

these cars will go up in flames faster then a tesla

source: /u/beaxingu@kbin.run 's hairy ass

Tangent5280@lemmy.world on 15 Feb 2024 03:27 next collapse

How do you know so much about other people’s asses? 🤨

demonsword@lemmy.world on 15 Feb 2024 14:17 collapse

are you sure you want to know? ( ͡° ͜ʖ ͡°)

beaxingu@kbin.run on 15 Feb 2024 11:25 collapse

hey now i know deflecting is a good tactic if you cant find anything better to say. but being a reddit user is no excuse to sniff your own farts.