The European electric vehicle industry is set to welcome a new inexpensive EV from China’s BYD Co. next year, reportedly pressuring automakers within the continent over new competition.
The European electric vehicle industry is set to welcome a new inexpensive EV from China’s BYD Co. next year, reportedly pressuring automakers within the continent over new competition.
And all it took was state subsidies and slave labour.
Puts me in a weird position because car prices are insane, but I also don’t want to support a genocidal regime using slave labour and is purposely undercutting foreign industries in order to kill them, with the long-term goal of ramping up prices and having the west be even more reliant on China.
We’ve seen from Germany/Russia that becoming dependent on a hostile state is a disaster waiting to happen.
I’ll just stick to my ancient Octavia for the time being, thanks.
It also took lethargic European car makers who rather lobby for combustion engine cars than go with the times