BYD controls roughly 70% of Mexico’s EV market, with cheap vehicles attracting middle-class buyers seeking alternatives to rising gasoline costs and traditional electric cars.

  • Diplomjodler@lemmy.world
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    5 days ago

    All the tariff enjoyers completely forget that there’s a market outside of the US and Europe. And the Chinese have that sown up already. Making the domestic industries less competitive through tariffs is just foolish.

    • jacksilver@lemmy.world
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      4 days ago

      I’m against blanket tariffs, but there is a lot of evidence that China is pumping money into their EV market so they can dominate. Additionally, part of the recent surge in Chinese EVs is that the companies have oversaturated the local market and are over leveraged, meaning they need somewhere to dump their cars. Without tariffs, you let another country destroy your local market (in a potentially unsustainable manner).

      • Diplomjodler@lemmy.world
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        4 days ago

        And the western countries don’t massively subsidise their automotive industries? The difference is that the subsidies in China are actually a product of a consistent industrial policy rather than just shoving public money into the coffers of the rich.

        • SaveTheTuaHawk@lemmy.ca
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          4 days ago

          And the western countries don’t massively subsidise their automotive industries?

          Not at the level of BYD, the Chinese government has let them slide $4B into the hole.

          “BYD’s net profit fell by nearly one-third in the first three quarters of 2025, while its debt burden surged several-fold.”

          “Although BYD still ranked first in China’s new-energy vehicle market with retail sales of 307,000 units in November 2025, year-on-year sales dropped sharply by 26.5 percent.”

          Why - because once the idiots initially buy these cars, reality hits with quality problems and recalls.

          “As the saying goes, consumers “vote with their feet.” With mounting quality complaints and an increasingly challenging economic environment, BYD has begun facing inventory buildup and slowing sales.”

          https://www.visiontimes.com/2025/12/16/byd-faces-mounting-inventory-and-surging-debt-as-quality-complaints-flood-the-internet.html

          • evenglow@lemmy.world
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            4 days ago

            Nope. It’s because BYD was getting ready for 2026. While other companies are worried about sales BYD’s concern was prep work. Keep an eye on Europe.

          • piccolo@sh.itjust.works
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            4 days ago

            Why - because once the idiots initially buy these cars, reality hits with quality problems and recalls.

            Oh no. My cheap economic car isn’t as reliable as a Toyota but still isnt suffering reliable issues of a $60k+ domestic.

        • jacksilver@lemmy.world
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          4 days ago

          Yeah, and China also has a lot of policies about who can operate in their country and who can sell what.

      • optissima (she/her)@lemmy.ml
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        4 days ago

        You’re saying “a lot of evidence” like it’s some esoteric choice. It’s in their most recent 5 year plan:

        New Energy Technologies: Xi Jinping has announced that new energy technologies such as car batteries from state-owned enterprises will make it so that half of the vehicles in China be electric or fuel-cell powered, and half hybrid by 2035.

        That’s their goal, and they have a poorer population on average than western states, so it’d seem like “dumping” when it’s just them not marking up their cars for the west.

        • optissima (she/her)@lemmy.ml
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          4 days ago

          The property’s owners later lodged a Development Action (DA) with the council, seeking to legalise the activity and turn the carpark into a storage facility.

          Seems like this is more of a case of the owner not going through legal means before investing in these cars and or using their space as storage, because it’s not like these just appeared on the owner land without their approval.

    • MotoAsh@piefed.social
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      4 days ago

      Wait, tariffs do a lot of dumb things, but they specifically do not reduce domestic company value (at least directly)… They’re basically always an import tax, not an export tax, nor do the (directly) increase prices domestically.

      … Not to defend them as a valid strategy, as trade wars are for loser morons and usually just hurt everyone involved.

      • morrowind@lemmy.ml
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        4 days ago

        They let you survive domestically without being competitive, which means you suffer in other countries

      • Diplomjodler@lemmy.world
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        4 days ago

        I’m talking specifically about tariffs on EVs which have been imposed by the US and the EU. These lead to the auto industries in those countries delaying the shift to EVs, which will massively hurt them in the global market in the longer term.

        • MotoAsh@piefed.social
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          4 days ago

          Yea, tariffs on importing otherwise legally compliant vehicles is helping noone except the domestic EV makers (in theory).

          At least, if you’re the kind of person to think pirating is a lost sale… Same goes for cheaper goods, IMO. Just because someone would buy a cheaper option should never imply they’d be willing or able to buy a more expensive domestic option.

          • noodles@slrpnk.net
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            4 days ago

            Although somewhere as car-centric as the US they’re going to be driving something, and I think the actual goal is to keep them locked into some sort of gas car as long as possible.

            • MotoAsh@piefed.social
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              4 days ago

              But then why Europe, too? Does Russia have more politicians in their pocket than people want to admit? I have no idea why they’d want to stay remotely coupled to petrol unless they want to have to continue to buy some from Russia.

              • noodles@slrpnk.net
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                4 days ago

                I don’t think it’s politicians driving that decision, I think it’s the money from Petro companies and car companies that are heavily invested and dominant in the gas car industry

  • DegenerationIP@lemmy.world
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    4 days ago

    Those Cars will be also all over the place in Europe. Well. Affordable EV. At the end people need to watch their wallet in a world where everything gets more expensive and Chinese companies win in this end. Well played tbh.

  • ChicoSuave@lemmy.world
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    4 days ago

    Back when Chinese EVs were banned in the US I looked at importing a Canadian car bought from China. Then the tariffs hit and made everything not worth the work. Such a shame too because Chinese EVs are so good right now.

    • SaveTheTuaHawk@lemmy.ca
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      Chinese EVs are so good right now.

      you got any evidence these cars will last 11 seconds past the warranty? I don’t care what some dipshit youtuber thinks about the screen color options, will these cars last? Do they have parts support? They are essentially being drop shipped.

        • SaveTheTuaHawk@lemmy.ca
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          4 days ago

          Auto reviewers never mention reliability or build quality. They agree to that before they are allowed to review. Everything is positive, and to appear unbiased, they concentrate false criticism on pointless features. The count cupholders or spew a bunch of pointless specs like brake diameters and sway bar diameters.

          There are multiple red flags with these vehicles:

          1. They make too many models, sometimes months apart. These companies actually have no long term reliability record.

          2. Australian auto owners forums are complaining about poor reliability. 78% have encountered issues.

          https://www.drive-electric.com.au/post/ev-performance-and-reliability-addressing-australian-concerns

          1. Devaluation is massive, always a sign of people dumping bad cars. So for those who think these Chinese EVs will be bargains, wait a few years and they will be real bargains slightly used.

          But consumers are idiots, they buy $75,000 Jeeps and $110,000 Land Rovers with no concerns of reliability.

      • RamenJunkie@midwest.social
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        3 days ago

        I mean, if they are cheap enough who cares?

        The alternative is what, spend 3-4x as much and 90% of the car’s basic features are locked behind some bull shit subscription? Fuck that.

      • Dupelet@piefed.social
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        3 days ago

        Personal anecdote, having issues with mine, and the warranty claim is estimated to take a month just to get approved and the part in. Oh it’s your only vehicle? Damn, sucks to be you.