Comment by veunes
16 hours ago
Toyota still sells 10M cars a year and has an enormous manufacturing, supplier and dealer network. That doesn’t disappear overnight because BYD can sell a $14k EV in one market
16 hours ago
Toyota still sells 10M cars a year and has an enormous manufacturing, supplier and dealer network. That doesn’t disappear overnight because BYD can sell a $14k EV in one market
> BYD can sell a $14k EV in one market
Outside of the US, are there any markets BYD can't sell that car into? The Dolphin is currently listing at well under €20k here in Spain, which means its only real competition is the equivalently incredibly cheap Dacia Spring
Dacia Spring is also made in China.
I'm sure, but the Dacia brand as whole has been here for a long time, so they should have a reputational advantage over a newcomer like BYD. The Sandero compact SUV in particular is extremely popular (in a large part due to how cheap it is)
Europe isn't good example either as it's heavily tarriffed
That makes it even worse for european automakers, if they cannot compete even with a heavily tariffed BYD
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