Comment by BizarroLand
4 hours ago
That's one way of seeing it, but the fact is that automobile parts are already nearly commodity parts. The wall that stops automaker upstarts in their tracks is the need for safety testing and approval from the US DOT.
Even if you had the chutzpah to get all of the materials together for a fleet of vehicles, you have to spend big cash and grease a lot of palms to get a vehicle you make certified. It takes years and millions of dollars to get to the 1st sellable vehicle.
This is a portion of why BYD, for instance, isn't selling in America.
There are other reasons of course, but one of them is the millions and millions of dollars you're putting at risk just to potentially be told "No" by the government.
https://www.atic-ts.com/north-america-motor-vehicle-componen...
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