> Even today, BYD’s Dolphin hatchback starts at $33,000 in Britain, according to Reuters, or nearly 30% below the starting price of the VW’s rival ID.3 hatchback.
> Mexico has a free trade agreement with the U.S. and Canada. In November, House lawmakers warned about Chinese giants like BYD “gaining a back door to the U.S. market” through the southern neighbor.
Kinda odd for lawmakers to be the creators of that back door (in search of cheaper production for US automakers) and then complain that someone else might use it.
They're probably just angry because there's no obvious path with BYD for them to provide kickbacks and become a board member after their 'public service' stint.
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[ 0.23 ms ] story [ 14.6 ms ] thread> Mexico has a free trade agreement with the U.S. and Canada. In November, House lawmakers warned about Chinese giants like BYD “gaining a back door to the U.S. market” through the southern neighbor.
Kinda odd for lawmakers to be the creators of that back door (in search of cheaper production for US automakers) and then complain that someone else might use it.