this post was submitted on 10 Jul 2025
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Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers (www.nytimes.com)
submitted 4 days ago* (last edited 3 days ago) by Davriellelouna@lemmy.world to c/technology@lemmy.world
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[–] Jimmycakes@lemmy.world 2 points 3 days ago* (last edited 3 days ago) (2 children)

I think that's kind of the point. What the current case industry is doing is getting them smoked. They need to let go of the past the "institutional knowledge" that's exactly why Ford and Chevy won't compete with Chinese EV. Those are built from the ground up for the modern era with modern leadership modern supply chains building institutional knowledge that matters today and into the future. I would love nothing more than to drive a Ford EV. I am considering the f150 lightning but in comparison to things I see online it's really far behind.

[–] AA5B@lemmy.world 3 points 3 days ago

The problem is the world is transitioning to EVs, and burying your head in the sand won’t change that. Legacy manufacturers could be trying to find their place in the new world while they can, or they can stick with technology of the past, let someone else come to dominate the new technologies, and be left with a ever shrinking market until they disappear

[–] interdimensionalmeme@lemmy.ml 2 points 3 days ago

Well they'd have to cut c-suite and shareholder's cut because everything else that could be squeezed out has already been squeezed out, so the c-suite and shareholder will convert their money into the political power it takes to just block out the competition.