BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
If the entry model came to the US, it could become the Ford Taurus or Toyota Camry of electrics. But the charging infrastructure would need to build up massively to be able to support that kind of volume.
The fact that they’re hitting both low end and high end (plus everything in between) should be massively concerning to every car company.
Don’t worry, they will pay politicians to make it illegal for them to sell here.
Should we be rooting for or against this company. I’m all for competition, but Elon Musk has made me lose faith in any car company.
Rooting for any company is always a bad idea. Companies are never your friend. They’ll always put profits first - way before ethics, values or even laws or common sense. Don’t trust them, don’t depend on them and especially don’t root for them.
Hear hear! This is one of the few black-and-white things in life. Every little thing a company does (or says) is meant for the betterment of their next quarterly report.
No matter how much a company says they “stand with” anyone, regardless of the popularity of the cause, their goal is to look better and convince more people that only they offer truly ethical consumption.
To be fair, I enjoy spectating any and all drama between the corps. However, in the immortal words of a shitty sci-fi movie poster: Whoever wins, we lose.
