BYD is a vertically integrated car producer much like Henry Ford was when he built the Model-T.Their battery blade 2.0 allows for 10 minute recharges and their solid state battery is currently undergoing testing. Most of our infrastructure doesn't support DC fast charging. We need to watch Canada, to see how this plays out; since BYD factories will only employ around 1600 workers and their top of the line cars are going to be priced around $60K.
watching Canada is fine, but they don't have any domestic car manufacturers. if china played fair, I wouldn't have any problem, but you have to keep the playing field level. I am also concerned about future lost of domestic industrial production, just like I am about food, pharmaceutical and other critical production for when the ship hits the fan
We can't do industrial production because the incentives aren't there. We "job out" everything and tariff the raw materials required to produce something. That's why production has moved to Canada and Mexico. IMHO; getting manufacturing jobs back here is a pipe dream. We can only get assembly jobs; a different less skilled set. It would require 10+ years of committed funding to just get us started again - that's assuming they will zero out the tariffs on the raw materials needed to build it.
I agree that we won't bring any manufacturing back, and we don't have the labor force anyway. so let's hang on to what's left.
From what online articles say, byd is notorious for having zero battery buffers to get the most out of its range. Yes they use a chemistry that means it's not as fatal if it were regular lithium ion, but still, time will tell.
Canada needs to do what Australia did. Stop providing corporate welfare to the auto industry. Unprofitable companies need to be allowed to die. North American car companies are hurting because their products suck.
Funny how that works, peeps wanting a living wage & then blaming them for high prices. Oh that dichotomy. It's never how the Fed Reserve is allowed to pump more zeros Into The Ledger.