How BYD undercuts Tesla around the world, by the numbers
restofworld.org
BYD is more affordable than Tesla in at least 10 places outside the West.

BYD is more affordable than Tesla in at least 10 places outside the West.

  • In each of the 10 markets where both Tesla and the Chinese carmaker BYD list prices online, BYD’s lowest-cost option is cheaper than that of Tesla.
  • While Tesla focuses its sales in North America and Europe, BYD is expanding in Latin America and Southeast Asia.
  • humanspiral@lemmy.caEnglish
    0·
    2 days ago

    Seagull is a good car, but it is ultra small… The major achievement is a $300/kwh price for just the battery in China. Would be easy to pay for car just from V2G or V2H+solar value. Ultra small also means the highest efficiency, and range charged per hour.

    There are a lot of cars that are model 3 “sized”/comparable. BYD seal is $30k in China ($2000 less), and more expensive than Tesla in Germany. It might be a better car to boot, but its not helpful comparing Tesla to Seagull prices.

  • Leeuk@feddit.ukEnglish
    0·
    3 days ago

    I’m a fan of BYDs though, I just wish they were cheaper in the UK. Britain is not subject to the EU import tarrifs but the Atto 3 for example is around almost twice the price of the same Australian model.

    I understand we’re further away from China than Australia is but then they do have their own ships now. Anyone know why?

    • UnderpantsWeevil@lemmy.worldEnglish
      0·
      3 days ago

      Its not just a matter of shipping. You need dealerships and licensing and the like. England is notorious for its long line of middlemen who make everything more expensive. So no surprise BYD can’t get a competitive vehicle into a state that hates foreign competition and loves rent-seeking at every turn.

  • merde alors@sh.itjust.worksEnglish
    0·
    3 days ago

    Germany and France are car makers, so:

    The charges come on top of the existing 10% levy on cars imported into the EU, meaning Chinese-made EVs face total tariffs of up to 48%.

    also, strangely:

    Tesla has filed a complaint against the European Commission after the imposition of tariffs by the bloc on its Chinese-made electric vehicles.

    • atthecoast@feddit.nlEnglish
      0·
      3 days ago

      Yes they were afraid of reciprocal tariffs from china, but also many Tesla’s sold in Europe are actually made in Shanghai, the Berlin factory only makes high end model Y’s.

    • Creat@discuss.tchncs.deEnglish
      0·
      3 days ago

      All of the German car makers were actually opposed to the import taxes on Chinese EVs, as was Germany as a whole. But it got passed on the EU level anyway.

        • Creat@discuss.tchncs.deEnglish
          0·
          3 days ago

          I remember reading about it in german media, but you can easily check the votes in the EU gparliament, as they are public. Specifically there’s a nice list of how they voted on that particular issue here (english/reuters). Germany voted “against”.

          Like @barsoap@lemm.ee wrote, the (german) articles mentions fears of “retribution” taxes by the chinese. And when these tarifs were announced/planned, china did immediately say they’d react accordingly (so it’s no an unfounded fear). Another earlier article also mentions “expert opinions” that question benefit for the german car makers due to their large export volume to china (and at least some of them having plants in china making their vehicles, too).

          Now a very recent article from last week notes that the profit of VW-Group has dropped around 31% over last year, and a large part of that is coming from lower sales (and more competition) in China, as well as general restructuring costs. But I have absolutely no idea if the “reverse tariffs” are actually already in place by China, or just planned, or if they reverted their stance. It might also be that they just made independently bad decisions and this is just a consequence of that…

          Edit: corrected some nonsense, oops.

  • Ulrich@feddit.orgEnglish
    0·
    3 days ago

    This says nothing about how they undercut Tesla but I’ll tell you:

    • slave labor
    • massive government funding