this post was submitted on 25 Apr 2026
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China car giant BYD says it can thrive without US (www.bbc.co.uk)
submitted 21 hours ago by Deep@mander.xyz to c/technology@lemmy.world
48 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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[โ€“] Allero@lemmy.today 8 points 3 hours ago (1 children)

A huge domestic market is a strong advantage for Chinese manufacturers.

Even if every single country stops buying Chinese cars, they'll still have a base of 1.5 billion potential customers.

With more countries actively partnering with China, this number goes up considerably.

[โ€“] Gonzako@lemmy.world 2 points 1 hour ago

Tho, maybe it's because the Chinese don't deal with these huge margins they have on cars now. A new car now costs tenfold what a new car would cost a few decades ago