2024-03-25 17:30:59
American media outlets, including Bloomberg, reported that not only electric car companies around the world but also the political world are nervous about the ‘Seagull’ microcar launched last year by China’s BYD, which defeated Tesla in the fourth quarter of last year to become the world’s largest electric car company. did.
BYD launched Seagull last year.
The Seagull is a compact electric vehicle produced by BYD, and its starting price is only $10,000 (about 13 million won). This is possible because of China’s low labor costs and BYD’s own production of engines, the most important part of electric vehicles, thus reducing production costs as much as possible.
The size is slightly smaller than the compact car Bolt produced by Chevrolet.
Even though it costs only $10,000, BYD recently cut the price by 5%, putting Tesla in even more trouble.
This car, aimed at young people, sold 10,000 units within 24 hours of its launch, and sales exceeded 200,000 units within 7 months of its official launch.
After conquering the domestic market, BYD also began selling overseas. This car has been sold in South American markets, including Brazil, under the name ‘BYD Dolphin Mini’ from 2024.
An American automobile consulting company obtained and disassembled the Seagull and evaluated that although it was designed simply, it was very efficient and could maintain sufficient competitiveness in the American market.
As BYD begins its invasion of the global market with this car as a weapon, not only automobile companies around the world but also politicians are nervous.
The Federation of American Manufacturers, an advocacy group for U.S. manufacturing, issued a statement last month and argued, “The importation of Chinese cars into the U.S. market means the extinction of American automakers.”
Tesla CEO Elon Musk also warned, “If tariffs are not imposed on Chinese electric vehicles, all electric vehicle companies around the world will collapse.”
U.S. politicians are also preparing to impose tariffs on Chinese electric vehicles in preparation for BYD’s full-scale landing on the American continent.
In particular, BYD’s attack began at a time when the U.S. automobile industry was experiencing a slump. The U.S. market share of the three largest U.S. automakers, General Motors (GM), Ford, and Stellantis, also known as the ‘Big Three’, is currently 40%. This is a significant drop from 75% in 1984.
In this situation, if the Chinese car onslaught begins in earnest, American automakers are expected to suffer a huge blow.
Experts agree that Korea is no exception to being affected by attacks by Chinese seagulls.
(Seoul = News 1)
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2024-03-25 17:30:59