this post was submitted on 25 Apr 2026
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391
China car giant BYD says it can thrive without US (www.bbc.co.uk)
submitted 1 day ago by Deep@mander.xyz to c/technology@lemmy.world
64 comments fedilink hide all child comments
 

The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.

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[–] BussyCat@lemmy.world 5 points 5 hours ago (1 children)

There are around 290m cars in the us for the 330m people

There are around 420m cars in Europe for the 730m people

So while the actual amount of cars in all of Europe is more than the US the percent car ownership in a single country is insane

[–] stumu415@lemmy.zip 1 points 4 hours ago (2 children)

Than why don't they buy foreign EV's? There were options but now both Hyundai and Kia have stopped selling EV models last year solely in the US. In my opinion that makes the choice for BYD logical as these US established brands can't even sell their EV's.

[–] aeiou_ckr@lemmy.world 1 points 1 hour ago

Hyundai has pulled the ioniq 6 but the ioniq 5 and soon to be ioniq3 are sold in the USA still. Unless there was some news I missed. For Kia, Im not sure what their status is.

[–] StrawberryPigtails@discuss.tchncs.de 1 points 2 hours ago

My own opinion, they were too expensive and the EV charging network wasn't built up enough to prevent people from feeling like the available range options weren't large enough.