A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.
Tariffs on imported Chinese vehicles probably will keep the Seagull away from America’s shores for now, and it likely would sell for more than 12 grand if imported.
But the rapid emergence of low-priced EVs from China could shake up the global auto industry in ways not seen since Japanese makers exploded on the scene during the oil crises of the 1970s. BYD, which stands for “Build Your Dreams,” could be a nightmare for the U.S. auto industry.
“Any car company that’s not paying attention to them as a competitor is going to be lost when they hit their market,” said Sam Fiorani, a vice president at AutoForecast Solutions near Philadelphia. “BYD’s entry into the U.S. market isn’t an if. It’s a when.”
Anti worker. Riiight.
That’s just you speaking the Big Three’s mantra. If they’d gotten off their rich asses and developed the tech for cheap, well-built EVs sooner they wouldn’t need Big Brother to run to their aid.
This is no different than what happened in the 70’s, so obviously they never learned their lesson then. This round, it’s time they did.
This isn’t about technology at all. It’s about labor costs. UAW labor costs more because its workers are paid well and they don’t get maimed by robots much. If in doubt, check the profit margins of the Big Three. The higher labor cost is also required because the standard of living is completely different. People in NA can’t work for Chinese wages and survive. And if you want to create a race to the bottom, that’s anti-worker. The shareholder class of the Big Three is still making disproportionately more than workers but this is one of the North American examples where there’s much more balance between them and workers.
Honda and Toyota posed the same problem and they were forced to create factories here in order to eliminate the labor cost disparity that would have destroyed the lives of UAW members. I don’t think many would have a problem with BYD building NA factories, especially if unionized by the UAW.
@Buelldozer is right, he’s just being extra spicy about it.
Are you seriously trying to make the claim that a Chinese auto worker is doing as well as a UAW member? If you are I want proof, if not then what are you talking about?
You realize it’s “cheap” in China because their Government subsidizes it and the manufacturers abuse their employees, right?
I have no love for the American Auto Industry but this idea that BYD or any other Chinese “New Energy” vehicle is competing on anything like a level playing field is ludicrous. They are cheap because they pay their workers like dogshit, they treat their workers like dogshit, they have near zero environmental safety regulations, and they have near zero environmental regulations hell. 2/3rds of their electricity is produced by burning coal!
Lusting after a cheap BYD product just because you despise American Auto Manufacturers is literally cutting of your own nose in order to spite your face.