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0 pointsfairity1y ago0 comments

Thanks for the information! So, if the subsidies are in the form of tax rebates and subsidized loans, is it safe to say, the full economic benefit of these subsidies as a percentage of vehicle sales revenue is single digits? If so, it seems like there's little reason to doubt that BYD would be immensely successful in the US without tarrifs.

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maxglute1y ago

Decent analysis:

https://threadreaderapp.com/thread/1804530313957106091.html

TLDR about $2000 per vehicle in 2024, trending to $0 per vehicle in next 5 years. Meanwhile PRC selling cars abroad for 2x+ domestic (i.e. 10-20k over), aka manifestly not dumping prices. BYD (and a few other PRC NEV makers) are successful because they used subsidies the way it should be used - to commoditize manufacturing to ModelT levels (500usd per unit vs when competition was 2000usd).

j / k navigate · click thread line to collapse

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maxglute1y ago

Decent analysis:

https://threadreaderapp.com/thread/1804530313957106091.html

j / k navigate · click thread line to collapse