BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
There was a lot of talk about how nobody would buy chinese cars in Australia too… they are everywhere.
People can get a chinese diesel dual cab 4x4 pickup for $37k Australian, the CHEAPEST Ford Raptor starts at $87k.
The raptor is the top end performance version of the ranger. Some quick googling says an Australian ranger starts around $37k as well.
For a single cab, manual, 2wd base model with an alloy tray…
60k for the cheapest diesel dual cab auto Ranger, Hiluxes are similarly priced.
Edit: This is the one Im looking at, works out at $25000 USD.
I was gonna say, in the past people bitched about Korean cars, now Hyundai and Kia are everywhere. Even further back they bitched about Japanese cars.
Xenophobes gonna xenophobe.
About half right. The other half is that a developing nation basically has to start at low end manufacturing like textiles, then work their way into things like cheap toys, and slowly build their technical expertise and abilities along the way. While they’re making cheap, low-quality products they develop a reputation for cheap, low-quality products, which biases people against anything made in that country. But, if everything goes right, they start to produce medium and then high quality products and shed their old reputation.
Korean products used to be the cheap junk, but now they’re well-made. A lot of Chinese companies are starting to put out high quality stuff, and you can see that reflected in the pride they’re starting to take in their products. I’m seeing more and more Chinese companies making no effort to hide the fact that they’re Chinese, something that was quite rare even a decade ago.
Thanks for sharing your analysis!