Comment by netsharc
6 hours ago
Article says:
> But a profit warning by German carmaker BMW late on Tuesday was the latest reminder of the industry’s structural challenges as it struggles with the transition to battery cars, weak sales in China and US import duties.
My gut feeling is that the Chinese are now buying locally made EVs. Other nations are buying Chinese made EVs. Except the Americans, who can't afford anything without paying extra money to their Mad King. (This is generalized, obviously there'll be American or Chinese BMW buyers, but a lot less).
Damn, look at that graph of registrations: https://carnewschina.com/2025/10/08/byd-sales-surged-2225-in...
I'm a European with an Audi car, been looking at switching to EV and I can't lie and say BYD doesn't look like more value for the money than the Audi alternatives, so doesn't really surprise me.
And that's despite the EU tariffs on Chinese manufacturers.
Well, in my country I can get up to 7K EUR back if I purchase a EV before the money runs out, not sure tariffs end up having any impact.
Then again, Chinese car companies are price dumping on purpose to kill the competition.
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