May 14, 2024, 5:07 AM
May 12, 2024, 2:08 PM

Chinese EV named Seagull poses a threat to US auto industry

Highlights
  • The Seagull, a small Chinese EV by BYD, is priced at $12,000 in China.
  • Tariffs on imported Chinese vehicles are expected to keep the Seagull out of the American market.
  • The Seagull's entry into the US could disrupt the auto industry.
Story

The Seagull is a small electric car made by Chinese company BYD. It costs about $12,000 in China and is well-made, similar to expensive U.S. electric cars. However, high tariffs on Chinese imports may prevent the Seagull from being sold in the U.S. If it were imported, its price might be higher than $12,000. BYD, which means "Build Your Dreams," could be a challenge for the U.S. auto industry. The Biden administration is considering imposing 100% tariffs on Chinese electric vehicles to protect American jobs and national security. Chinese companies aim to make electric vehicles more accessible, which could help them succeed globally. The Seagull can travel 252 miles per charge and is designed for efficiency. U.S. automakers may need to change their design and engineering methods to compete. BYD would need to adjust its cars to meet stricter U.S. safety standards. The company is still deciding whether to sell cars in the U.S. BYD's CEO mentioned no plans to sell electric vehicles in the U.S. due to high tariffs on Chinese imports. American automakers and politicians are concerned about the impact of low-priced Chinese electric cars on the global auto industry.

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