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1457 points kwindla | 1 comments | | HN request time: 0.236s | source
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Animats ◴[] No.43801026[source]
The US is falling way behind in electric vehicles. If BYD could sell in the US, the US auto industry would be crushed.[1]

What went wrong is that 1) Tesla never made a low-end vehicle, despite announcements, and 2) all the other US manufacturers treated electric as a premium product, resulting in the overpowered electric Hummer 2 and F-150 pickups with high price tags. The only US electric vehicle with comparable prices in electric and gasoline versions is the Ford Transit.

BYD says that their strategy for now is to dominate in every country that does not have its own auto industry. Worry about the left-behind countries later.

BYD did it by 1) getting lithium-iron batteries to be cheaper, safer, and faster-charging, although heavier than lithium-ion, 2) integrating rear wheels, differential, axle, and motor into an "e-axle" unit that's the entire mechanical part of the power train, and 3) building really big auto plants in China.

Next step is to get solid state batteries into volume production, and build a new factory bigger than San Francisco.

[1] https://en.wikipedia.org/wiki/List_of_BYD_Auto_vehicles

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testing22321 ◴[] No.43803054[source]
The US automakers lost the plot a long time ago, and have just been sucking out money without innovation or improvement since.

When California and the EPA tried to legislate lower emissions 9 years into the future, the US automakers sued to block saying it was impossible. Japanese automakers were already selling vehicles that met those standards.

When they badly, badly screw up, they just get bailed out with public funds and then go on to pay execs tens of millions of dollars a year and fat bonuses. Guaranteed profits no matter what made them lazy and uncompetitive.

They’re all dying

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1. Animats ◴[] No.43805998[source]
GM and Chrysler went bankrupt and were partially bailed out, the CEOs were replaced and the Government took a stake in the companies, which eventually paid off.