this post was submitted on 05 Apr 2024
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Electric Vehicles

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BYD leads EV sales surge in Brazil with affordable electric cars (electrek.co)
submitted 5 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 5 months ago (1 children)

You're both right.

BYD would still be attractive on the value proposition if there were reasonably priced offerings from literally anyone else. But theres no competition within shouting distance of their price point and the reason is the chinese govt.

[–] [email protected] 1 points 5 months ago (1 children)

And the US and EU governments don't give huge subsidies to the automotive industry?

[–] [email protected] 2 points 5 months ago

The difference is like letting your kids live at home without paying rent and buying your kid their own place and covering their car payment, credit card bills and utilities.