BYD outsmart the European Unions massive anti-China EV tax

What BYD have not bargained on is political choices of EU consumers, who may not want to indirectly fund PRC government activities in Taiwan and elsewhere. And that's assuming that EU will not impose sanctions on Chinese-owned companies in future..

While the new factories are being built, taxes will be collected from Chinese car sales into the EU. Then, when the factories are completed, the EU will move the goalposts to introduce new taxes that will impact these new assembly plants (to some extent), while collecting more taxes from BYD that they would have previously. At the same time, EU consumers will have more choice in the market, and there will be plenty of demand to drive supply from all directions.

Looks like a BYD promotional channel here....

China must devided to several nations. Tibet, Uighur, Hong Kong, Manchuria should be independent. Tibetan, Uighurs, Hong Kong People, Manchus have been suppressed during several decades. Chinese Han(ethnic group race to make up majority of population) people controlled other minority group, by brutal expedient means.

The car you are driving now was probably produced in Turkiye. There are Honda, Toyota, Ford, Hyundai, Renault, Fiat and Mercedes factories in Turkiye. So they can make quality production...

Europe has to wake up from its idiocy, the US is doing the same thing to Europe. I guess Tesla didn't open a factory because it loves Europe too much. The US is the enemy of Europe.

BYD is doing the same thing in North America / USA, by going to Mexico to built their vehicles and try to avoid tariffs.. 🤔

China just announced an investigation of pork meet import. So probably it will be banned to import from EU... So the tariff war started.

❤️ it 👏👏👏 BYD

Ever realize this is a Chinese SHILL?

BYD outsmart EU - what a stupid assumption. There are plenty of ways to pinpoint exactly who is hitby tarrifs.

Hope to see some affordable evs next 1-2 years in eastern EU, those prices above 20k euros are not cheap and Dacia Spring (the only sub 20k) is a joke of a car in comparison with even the Seagull. The LFP battery is most I am interested on, longer life cycles and better safety, I really can't understand why Renault doesn't use this type of chemistry...

In the last few years, robot labor has become cheaper than any human sweatshop or slave labor on the planet.
So, the more fully we automate the factories, the easier it is to instantly relocate the factory to any location.

The company doesn't even have to hire many local employees but just robotically "produce" the very same product with the same machinery, just moved to any namesake country.
The ownership of the company is important, but the location of the factory ceases to matter as much when humans are barely involved there.

Enjoy the new SkyNet, anywhere, anytime.

In the US, if Trump is elected and his VP is Marco Rubio, then Marco's three new bills in the Senate basically state that any car manufacturer headquartered in China will be tariffed $20,000 for imported cars unless fully made in the USA. So Mexico and Canada would be tariffed. It sounds stupid because stupid is as stupid does.

BYD advertising all over Euro 24 lol.

It’s hilarious! Politicians and economists know that economical Chinese BEVs are essential for the EU in their transition to the new energy world yet they need to enact these policy changes to respond to their electorates. These openings are ignored to keep things realistic and practical. All a political show for the naive!

So you and I have to pay Tax, but you think it is funny that these fuckers can avoid it ?

Just do what china does. Import 1 and reverse engineer it and mass produce it domestically. They don't follow patent or trademark laws, so why should we?

consumers are the winners!

Chinese EVs are coming...

this is literally europe outsmarting byd. It made byd invest in eu regions

Never in my life would I buy any other BEV than from a Chinese manufacturer. I've experienced western trash and the non-existent service for decades now...and I've also experienced Chinese products and their service since 2012. As a German western Europe and the USA are lost on me.

If you add the pricing you realize what a joke the western European and US industry are.


Why would I get a lower quality product for a way too high price and with no service at all? I am an antipatriot and only buy products that are good for my family, friends and me. My country can go to hell! If it does I will find a solution.

Perfect plan until... Country of source for part content comes into play.

Ursula von der Leyen has left the chat.

The beauty of it is that if the EU goes down the stupid taxation/tariff route and not allow this BYD move to sell cars in Europe, BYD can use Hungary to cover Russia, Belarus, and other friendly nations, will be able to export to the US, Middle East, and Africa. I was hoping that the Europeans would free themselves from being the US concubine, but it looks like they are spreading it even more!

Not just Physics, but also Business.

For every action there is an equal and opposite reaction.

I Just Love BYD my Truck is Beautiful Fast n Big

Smart chinese

Hungary is in the EU. Audi, Mercedes and Suzuki had been building cars there for decades, BMW is building a large plant.

European cars will still sell well due to their branded styling and identity so they should not worry too much. They just want chinese to setup factories in Europe and transfer their EV technology.

Okay so BYD can get around some of the tariffs from 2026 but it wont be for every car they export and what do they do from now 2024 for two years when the EU tariffs apply?

Good. Better for the common folks who can't afford high price legacy autos anyway, better for the planet trying to get away from fossil fuel. But I'm sure both Europe and the US will find some excuse to move the goal post, I dunno, national security? Cultural genocide? Unfair supply chain? Stealing intellectual properties? Modern day Colonialism without an invading army or debt trap for the Global South? You're a Communist country? Any adjective will do when it comes to China anymore; it's just an excuse.

The tariff is probably just to please the US. But what EU really want is to have the factory in Europe. Not sure Morocco, Turkey and Hungary are where they expected.

The EU, minus the UK😢, and with the help of an increasingly inward looking USA, is the only economic block capable of slowing down the (inevitable) domination of China and its (reluctant) allies. The best “the rest of the world” can hope for, is some attenuating influence over the way China will assert and solidify its power!

Germans dont even use email. How to move up to a EV from ICE.

BYD is doing nothing new or unexpected Europe welcomes any investment a Chinese company might want to make. And unlike China they dont require that foreign companies are 50% locally owned

if Europe is going to be missing out on tax revenue as a result of these workarounds .. guaranteed they will implement other tax schemes.

Europe is screwing themselves, Europe is too weak

My VW has 150 000km, as good as it was 9 years ago, will not buy a new one until theree is peace in this world.

The Eu will call it shamufacturing and tax them any way

Viking, thank you for this content.

China are the biggest protectionist country in the world yet you make out the EU & USA are the villains. Shame on you.

Audi have been manufacturing cars in Hungary for years, in Györ. So it’s smart to build a factory in Szeged, Hungary.

It's not genius. It's a loss to the Chinese worker. Turkey will need to have 55% local (EU customs union) components to enable tax free sales into the EU. It's good for Turkey, EU consumers and BYD business.

BYD should copy Tesla's strategy of combining solar panel sales with battery storage for homes and businesses. BYD can do that for less than Tesla as well. And they can buy a solar plant pretty cheap these days given the overcapacity.

you make it sound like it’s a game of cat and mouse BYD is set up Shop in Mexico for the same reason same reason that Tesla has set up Shop in Texas to increase the amount of local labour and contents

The cars will be built. The people will buy them.

Marco and Turkey will likely be taxed in the same way. Not smart

It’s called a tariff.