Automotive industry analyst Michael Dunne warned on Friday that China has become “the world’s electric vehicle Godzilla, poised to smash everything in its path.”
during his trip to China last week, burbling that he wanted to buy one of their cars as soon as possible. BYD’s products are already exerting a downward gravitational pull on EV sticker prices from foreign companies — and many of those electric vehicle models already had high retail prices but low are already considering an outright ban on China’s heavily subsidized EVs to protect their own domestic markets. Dunne was pessimistic about the odds of protectionism succeeding and he doubted investigations of China for unfair government subsidy programs would work, either.
“BYD makes every single part of the Dolphin except the tires and the window glass. If you know how much content in most cars is made by suppliers, you’ll understand that’s quite an accomplishment,” the review pointed out.
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