Chinese EVs are 5x cheaper than American ones

Cheap EVs from China could revolutionize the market (not only) in the US. BYD, for example, with the $10,000 Seagull, offers stylish design, advanced safety features and innovative infotainment at a price that's more than $50,000 less than the average U.S. electric vehicle. Traditional automakers must accelerate innovation to remain competitive. Read more at bloomberg.com 🇬🇧

Chinese automaker BYD is launching the Seagull electric vehicle for less than $10,000, posing a challenge to U.S. automakers such as Ford and GM. The model delivers stylish design, advanced safety features and an innovative infotainment system at a price that’s more than $50,000 less than the average U.S. electric vehicle. BYD, the automaker that has overtaken Tesla to become the largest electric vehicle manufacturer in the world, is poised to transform the U.S. electric vehicle market along with other Chinese manufacturers. That’s motivating updated strategies in Detroit, where automakers are trying to develop cheaper EV models for average Americans. Ford CEO Jim Farley warns of losing up to 30% of revenue if U.S. companies are unable to compete with Chinese EVs in the global market. Imports of cheap Chinese EVs have so far been hampered by import tariffs and political barriers, but their arrival in the U.S. market is expected to be inevitable. 🌍🚗

Používame súbory cookies na zaistenie funkčnosti webu a s vaším súhlasom aj na personalizáciu obsahu našich webových stránok. We use cookies to ensure the functionality of the website and, with your consent, to personalize the content of our website. View more
Cookies settings
Súhlasím
Odmietnuť
Cookies
Privacy & Cookies policy
Cookie name Active
Čo sú cookies? Súbory cookies a ďalšie technológie nám pomáhajú zlepšovať naše služby, pomáhajú nám analyzovať výkon webu a umožňujú nám pomáhať zákazníkom vo výbere správneho tovaru. V nastavení si môžete vybrať, ktoré cookies môžeme používať. Svoj súhlas môžete kedykoľvek odvolať. What are cookies? Cookies and other technologies help us improve our services, help us analyze website performance and enable us to help customers choose the right product. In the settings, you can choose which cookies we can use. You can withdraw your consent at any time.
Save settings
Cookies settings