The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.
The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.
For an equally priced EV like what you’d get in the USA, like the equivalent of a Tesla Model 3, by the time you get it to the USA they’re not bad. But their super cheap ones are just that, and I’m not sure they’d be so cheap after being brought up to US standards.
UP to US standards?
My dude, they are already well above US standards.
not necessarily about quality, rules and regulations.
They couldn’t sell them all here without changes, and those changes can/will add costs.
Entering different markets can be expensive.
Edit: Like it could be compliance/rule requirements for supply chains. To sell in the USA they might need to pay workers more as an example, or source X amount of parts from USA tied countries. That changes their manufacturing requirements / pricing. Or maybe they need to guarantee no slave labour, which BYD was using in Brazil.
https://www.bbc.com/news/articles/c3v5n7w55kpo