Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Tesla, BYD benefit as EU cuts planned Chinese EV import tariffs (electrek.co)

submitted 2 months ago by sabreW4K3@lazysoci.al to c/electricvehicles

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I'm still yet to understand the benefit of tariffs.

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[–] eldavi@lemmy.ml 3 points 2 months ago (2 children)

BYD: 17,0% Geely: 19,3% SAIC: 36,3% Other cooperating companies: 21,3% All other non-cooperating companies: 36,3%;

it's no surprise that tesla is less than half at 9% and i wonder what byd did to get a deal.

[–] MrMakabar 1 points 2 months ago (1 children)

BYD is building new factories in the EU namely Hungary.

[–] eldavi@lemmy.ml 0 points 2 months ago

byd builds a factory and they get 4.3% points shaved off; meanwhile tesla builds a factory and gets almost 3x that amount shaved off.