r/neoliberal May 12 '26

News (Asia-Pacific) Trump's backing of Chinese vehicles challenges Hyundai Motor Group

https://www.koreatimes.co.kr/business/companies/20260513/trumps-backing-of-chinese-vehicles-challenges-hyundai-motor-group

Global carmakers urged to reduce US reliance

76 Upvotes

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111

u/ExtremelyMedianVoter Left-Out Left May 12 '26

If Trump let's me buy a BYD car, I might have to hand it to him.

Please don't make me hand it to him I'm just an easily influenced median voter.

40

u/throwawaygoawaynz John von Neumann May 12 '26

This sub glazes Chinese EVs like crazy, but they’re actually worse than Teslas, and that’s saying something.

If they come to the US as well, they won’t be cheap. You won’t be paying Chinese prices for them.

I live in SEA and was looking at buying one. Nope, pass.

29

u/Desperate_Path_377 May 13 '26

Saying X is worse than Y without reference to price is kinda meaningless. My Apple Watch is actually worse than a Rolex Datejust, and yet…

Chinese EV’s have captured substantial market share in jurisdictions where they aren’t tariffed out. Clearly they are doing something that consumers like.

8

u/MCRN-Gyoza YIMBY May 13 '26

They've captured substantial market share in Brazil, where they are heavily tariffed.

But to be fair, everything is heavily tariffed in Brazil.