this post was submitted on 10 Jul 2025
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[–] CameronDev@programming.dev 52 points 1 week ago (40 children)

I am pretty sure there is some financial fuckery going on with BYD. My parents own two, and they are very nice, but way under priced compared to every other EV manufacturer.

Can't prove anything of course, but there is something odd going on when everyone else is 20-30k more expensive.

Hard to feel sorry for GM though, they suckled at our governments (Australia) teet for decades before giving up and leaving entirely. At least if BYD is being propped up we are at least getting good cheap cars from it.

[–] Ulrich@feddit.org 21 points 1 week ago (32 children)

The financial fuckery is that they're very heavily subsidized by the CCP. It's not sustainable.

[–] einkorn@feddit.org 37 points 1 week ago (22 children)

I'd argue it is.

Just look how Amazon got where it is now: Sell way under market price, till local competition closed shop, then squeeze.

[–] frezik@lemmy.blahaj.zone 12 points 1 week ago (1 children)

It's unsustainable to keep prices lower than costs. The Amazon example didn't have low prices forever.

[–] einkorn@feddit.org 11 points 1 week ago (1 children)

Yes, I know. That's why BYD is going to then squeeze the customers once they are locked in.

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