- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
KEY POINTS
New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.
BYD recorded 13,503 new registrations in July, up 225% annually.
Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.
I will buy neither.
BYD is selling a lot because is subsidized heavily by the chinese government to disrupt european brands, and this despite having a 35% tariff on top for not disclosing this to the EU.
Every country subsidizes it’s major industries like that. Also, this is public knowledge. China isn’t secretly hiding their state ownership and subsidies.
Nobody subsidizes on the same scale as what China is doing. Nobody operates entire market sectors at a loss for strategic advantage. The reason why China is doing this is because they’re comfortably in the lead among world powers and can afford to lose a bit, and also: everything is a weapon in their eyes, and they’re determined to use their weapons on everyone else.
EDIT: Although I do admit the Oil Industry is pretty equally cutthroat, Saudis weaponize crude and Russia weaponizes Natural Gas.
BYD is being sued for slave like conditions in Brazil.
You think they’ll do that in Brazil and not China?
https://www.bbc.com/news/articles/c3v5n7w55kpo
Everyone is like YAY BYD BAD TESLA, but buying a BYD is gonna be worse overall. If you want to buy something other than Tesla, don’t buy a fucking BYD. Find a non Chinese brand, there are plenty of them now.