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Detroit auto engineers tear down China BYD's Seagull: U.S. Politicians and Auto Industry Panics
Auto industry insiders were stunned when Caresoft, a highly regarded engineering consulting firm, tore down BYD's mass-market EV, the Seagull.
Priced around $11,000, the engineers found the Seagull to be well-designed, user friendly, rich with options, and of surprisingly high quality and reliability.
The US automakers reacted swiftly, and produced reports insisting that BYD's entrance into US car markets would be met with strong enthusiasm from buyers, and legacy carmakers would be unable to survive.
Because of the Seagull's low price point, US tariffs of 25% would be irrelevant: BYD could still make high profits even after the tariffs were paid. Or, BYD could simply place final assembly plants in Mexico and avoid them altogether. Aware of this, the Biden Administration in May jacked the tariffs up to 100%, and announced that Chinese car plants even in tariff treaty countries would be cut off from US markets.
Correction: I was wrong when I said that EV's are lighter. Apologies. I was working with three sets of notes, and the changes didn't make it over in the final draft. It was my fault. Cheers. Kw
Resources and links:
American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap'
https://insideevs.com/news/710....364/byd-detroit-impo
On a collision course: China's existential threat to America's auto industry and its route through Mexico
https://www.americanmanufactur....ing.org/wp-content/u
CNBC, Why a small China-made EV has global auto execs and politicians on edge
https://www.cnbc.com/2024/03/2....2/byd-seagull-ev-put
American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap'
https://insideevs.com/news/710....364/byd-detroit-impo
5 takeaways from Biden's tariff hikes on Chinese electric vehicles
NPR, 5 Takeaways from Biden's new tariffs on Chinese cars
https://www.npr.org/2024/05/14..../1251096758/biden-ch
Associated Press, Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
https://apnews.com/article/chi....na-byd-auto-seagull-
Forbes, China’s Seagull Leads The Way In Cheap, Well-Made Electric Cars
https://www.forbes.com/sites/j....oshmax/2024/05/14/ch
Caresoft Global, company page
www.caresoftglobal.com
BYD’s new Seagull EV shocks the industry
https://electrek.co/2024/03/22..../byds-new-ev-startin
Closing scene, Harbor, Hainan Province
The United States and its western allies preach “Free Trade” and “Fair Competition” economics to African countries, but the United States and its western allies do the opposite of what they preach.
How are we as Black men=Afrikan men positioning ourselves so that our children children children are in a position to capitalize on the opportunities of China’s rise as the next superpower of the world.
How can we use China to industrialize Kmt=Abibiman=Farafina=the Lands of Black people.
This is not an endorsement of China, This is to show the mindset of a people who wants to build and be a superpower and those who are content and wants to be consumers at the bottom of the totem pole.