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.

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.

  • Tosti@feddit.nlEnglish
    16·
    1 year ago

    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!

    • Gazumi@lemmy.worldEnglish
      3·
      1 year ago

      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

      • Corkyskog@sh.itjust.worksEnglish
        2·
        1 year 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.