this post was submitted on 17 Sep 2024
449 points (95.4% liked)

[Dormant] Electric Vehicles

3198 readers
1 users here now

We have moved to:

!electricvehicles@slrpnk.net

A community for the sharing of links, news, and discussion related to Electric Vehicles.

Rules

  1. No bigotry - including racism, sexism, ableism, casteism, speciesism, homophobia, transphobia, or xenophobia.
  2. Be respectful, especially when disagreeing. Everyone should feel welcome here.
  3. No self-promotion.
  4. No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
  5. No trolling.
  6. Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.

founded 1 year ago
MODERATORS
Sunshine@lemmy.ca
Ceres@lemmy.world
449
BYD would still have the cheapest EV in the US, even with a 100% tariff (electrek.co)
submitted 2 months ago by MyOpinion@lemm.ee to c/evs@lemmy.world
205 comments fedilink hide all child comments
 

Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000.

After discontinuing the production of vehicles powered entirely by internal combustion engines in March 2022, BYD has been at the forefront of the industry’s shift to EVs.

Honestly in my opinion it is time to remove all tariffs on EVs under 25k and let anyone who wants to fill that slot in. American car manufacturers refuse to fill the market need.

you are viewing a single comment's thread
view the rest of the comments
[–] Kecessa@sh.itjust.works 1 points 2 months ago* (last edited 2 months ago) (1 children)

Government subsidies from China isn't free market either.

You want true free market? Alright, salaries will need to be the same as in China to compete, how would you like that? All manufacturing jobs in first world countries are gone, sounds nice right? You should ask people from Detroit how that went.

[–] Delta_V@lemmy.world 1 points 2 months ago (1 children)

Yeah, an unregulated market isn't free.

[–] ShepherdPie@midwest.social 1 points 2 months ago (1 children)

It's literally the most free market possible.

[–] Delta_V@lemmy.world 1 points 2 months ago (1 children)

It always becomes monopoly.

One person telling everyone else what's going to happen isn't freedom.

[–] ShepherdPie@midwest.social 1 points 2 months ago (1 children)

Monopolies and free markets aren't mutually exclusive concepts.

[–] Delta_V@lemmy.world 1 points 2 months ago

Fair enough. Not all monopolies are bad monopolies. There's a narrow set of circumstances where a monopoly can exist within a market without making that market something other than free.

Government owned utilities for example - natural monopolies that are allowed to exist in a highly regulated state.

Monopsony can also be good for the free market in sectors with inflexible demand, such as healthcare.

But those are exceptions, and not the general rule.