Written by Michael Thervil
BYD Han EV can go up to 715 km (444 miles) on a single charge with faster charging speed than Tesla.
There's a lot to be said about the Chinese electric vehicle market, but the one thing that you can’t say is that Chinese electric vehicles or “EV’s” are expensive. In fact, Chinese EV’s are so cheap and efficient that it appears that they, in conjunction with the rate Chinese manufacturing produces them, has started a revolution in the global auto market. Because of this fact, through the eyes of America and the Collective West, the Chinese EV market is considered a global threat to their prospective domestic automakers.
Currently the Collective West, specifically America, is doing all they can to retard the exportation and expansion of the Chinese EV market. There are two reasons for this; the first reason is because while America and the Collective West were in the business of war, the Chinese were in the business of business. Secondly, because America and the Collective West were in the business of war for decades, America being the leader in the application of placing trade tariffs of 100% on Chinese EV’s failed to invest in both EV’s and in the critical infrastructure that is required to sustain the EV market within its borders.
Interior of BYD Han EV $10,000 US
Currently, although there is a sizable amount of EV auto makers in China, like any industry there is only room for the top three with the fourth-place winner getting ready to be acquired at any moment. The top three EV automakers in China are: SAIC Motors, BYD, and Chery Automobile with BYD in first place in a highly competitive Chinese auto market. American auto manufacturers in contrast are not only struggling to keep up, but they aren’t even considered to be competitive in the global EV market.
BYD "Seagull" cost $10,000 brand new
Within the last month, the Collective West has been rattling their economic saber at China by threatening to apply sanctions if China didn’t stop engaging in over-capacity not only with the goods and commodities that they manufacture and distribute to the entire world; but when it comes to the global EV market. The Chinese may practice Communism politically, but they believe in Capitalism and do it better than America and the Collective West. So, the notion that China is engaging in what Americans define as "over-capacity" or “unfair trade practices” is bullshit at best. If the proverbial shoe was on the other foot, it would be called “capitalism” and “market dominance”, both of which are legal in America and other countries that comprise the Collective West.
BYD $233,000 U9 Supercar 0-60 in sub-2.4 second, top speed 200 mph. All-wheel-drive power train with controllable active suspension system. 1,300 horsepower with 1,100 lb of torque. The U9 can recharge to 80% in five minutes
The cost of a brand-new BYD Seagull EV is roughly $10,000 US. When you apply the American tariff tax of 100%, the cost of that same Chinese EV doubles to $20.000. Other countries that make up the Collective West such as Europe Union are placing a 48% tax on the import of Chinese EV’s. Another complaint America has when it comes to Chinese EV auto manufactures is the fact that the Chinese government is subsidizing their automakers. But then again isn’t that what all nations do? This case is especially true when it comes to America and the astronomical bailout of $85 billion between the years of 2008-2010 given to American auto makers because they were considered “Too Big To Fail”. Again, when it comes to Capitalism – there is no such thing as too big to fail, as no one is considered too big to fail.
At the moment, EV’s make up 36%-39% of all cars sold in China. That percentage rate is expected to rise to 45% this year and to over 50% next year with a growth rate of 3%-5% every year after that. The American and Collective West tax tariffs on Chinese EV’s will fail, just like America's sanctions failed when they were applied to Russia and Iran. It’s predicted that control of the EV market will continue to be held by China for the distant future.
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