The rapid emergence of low-priced EVs from China could shake up the global auto industry in ways not seen since Japanese makers exploded on the scene during the oil crises of the 1970s.
BYD, which stands for “Build Your Dreams,” could be a nightmare for the U.S. auto industry.
“Any car company that’s not paying attention to them as a competitor is going to be lost when they hit their market,” said Sam Fiorani, a vice president at AutoForecast Solutions near Philadelphia.
“BYD’s entry into the U.S. market isn’t an if. It’s a when.”
https://apnews.com/article/china-byd-auto-seagull-auto-ev-cae20c92432b74e95c234d93ec1df400
Chuck Darwin /
npub189…vstm6
2024-05-14 05:58:25
Author Public Key
npub189h30c785w27s474gju2947zgnmrrc695elyk5lguewsl232salqdvstm6Published at
2024-05-14 05:58:25Event JSON
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