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Joined 3 years ago
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Cake day: June 20th, 2023

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  • I think the global car industry is in one of those shock-denial-anger-acceptance cycles. They cannot fathom how BYD (and China in general) can do this, and the answer is that like a decade ago, they bought up mines which they are now using for a fully vertically integrated production pipeline. This means that some of what they’re saying is true, and some is cope.

    Having said that, the article still reads like “you are getting cars worth more than you are paying for”, or “cars which are less than our manufacturing costs”, and like, yeah, we can tell. The big issue with Hyundai isn’t the price, it’s that they cannot make better cars. You compare the Inster against even the Kia EV3 and it’s just a bit shit. They literally have all the weirdnesses of the Chinese automakers alongside being Euro-car expensive.

    They don’t need to get cheaper, they need to get better.