this post was submitted on 31 Aug 2024
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Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.

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[–] [email protected] 4 points 2 months ago

To get an idea of margins:

The BYD Seagull sells under the Dolphin Mini name in South America. The Seagull (see specs) is the BYD's cheapest electric car launched in April last year. Its price range initially lay between 78,800 – 95,800 yuan (10,850 – 13,200 USD)

[–] [email protected] 6 points 2 months ago

When can I buy one of these cheap Chinese EVs?

[–] [email protected] 9 points 2 months ago

Lol capitalists are stuck with cars and malls and dozens of dying industries they gon have a bad 30 years as new infrastructure becomes a necessity

[–] [email protected] 34 points 2 months ago (1 children)

Awwwwww!

Are all the capitalists afraid of some friendly capitalist competition!?

[–] [email protected] 18 points 2 months ago (1 children)

I mean... China is capitalist too its just state capitalist.

[–] [email protected] 6 points 2 months ago

When did I say they weren't lol

[–] [email protected] 15 points 2 months ago (2 children)

China Conquers Mexico

...’s Automotive Market, and the US Is Worried

Give me a heart attack this morning, why don't you?

[–] [email protected] 3 points 2 months ago

And we thought the timeline couldn't get any dumber.

[–] [email protected] 2 points 2 months ago

Okay but like, we would know before it was just a done thing.

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