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BYD Slashes Price of Electric Car and Becomes Cheapest in Australia [video]

63 points · 106 comments · thelastgallon

  1. grahar64 · · focus · HN ↗
    In NZ there are BYDs everywhere. Why are they not in US yet?
    1. tancop · · focus · HN ↗
      Because American auto makers convinced the government that BYD is price dumping in every market segment at the same time and somehow staying profitable.
      1. legitster · · focus · HN ↗
        But I mean, they are.

        The Chinese government is effectively giving all manufacturers 0% financing and raw materials at cost.

        And even still, BYD executives have come out and said their pricing is not sustainable. The Chinese market is engaging in a massive price war and BYD's strategy is to entrench themselves in new markets with "aggressive" introductory pricing campaigns.

        1. Taniwha · · focus · HN ↗
          So essentially the same thing the AI companies are doing
          1. surgical_fire · · focus · HN ↗
            When Chinese companies do it, then it is evil price dumping.

            When US companies do it, then it is just good business strategy, investing in growth for future profits.

            1. pfisherman · · focus · HN ↗
              Do US companies have free access to Chinese markets?
              1. surgical_fire · · focus · HN ↗
                I love this sort of reply.

                Yes, the bastion of free market capitalism is no much different than the evil communist countries.

                1. pfisherman · · focus · HN ↗
                  One mechanism by which the US encourages free market capitalism is requiring reciprocity. China is not evil - they are just self interested - and it is the responsibility of the US government to negotiate a trade agreement that benefits its citizens.
                  1. surgical_fire · · focus · HN ↗
                    > US

                    > reciprocity

                    Funny joke. Everybody laughs. Curtains.

                2. Steltek · · focus · HN ↗
                  China has an awful lot of billionaires for a communist country.

                  Neither appellation is true and probably never was.

              2. maxglute · · focus · HN ↗
                More than vice versa.
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