Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
The car, Seagull, launched last year by Chinese automaker BYD, sells for around $12,000 in China.
A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.
Tariffs on imported Chinese vehicles probably will keep the Seagull away from America’s shores for now, and it likely would sell for more than 12 grand if imported.
But the rapid emergence of low-priced EVs from China could shake up the global auto industry in ways not seen since Japanese makers exploded on the scene during the oil crises of the 1970s. BYD, which stands for “Build Your Dreams,” could be a nightmare for the U.S. auto industry.
“Any car company that’s not paying attention to them as a competitor is going to be lost when they hit their market,” said Sam Fiorani, a vice president at AutoForecast Solutions near Philadelphia. “BYD’s entry into the U.S. market isn’t an if. It’s a when.”
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These kind of companies pop up from time to time. Only Tesla and Rivian have been mildly successful. All the small car projects were always vaporware.
BYD was founded in 1995.
They didn't make their first car until 05' and they took over production of that from another company.
They have been making all electric cars for a few years now. There is no way that they can import them to the u.s./UK) Europe/Aus etc. and keep the same price point. There isn't going to be any way for them to pass safety standards.