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Ford CEO says new mid-size electric pickup will match the cost of Chinese EVs like BYD

Electrek

With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico.

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China’s BYD Says Prospective Mexican Plant Won’t Export to U.S.

The Truth About Cars

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. manufacturing advocacy group, the Alliance for American Manufacturing, this month warned low-cost Chinese cars and parts could threaten the viability of auto companies in the U.S.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes.

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BYD will challenge Hyundai and Kia with low-cost EVs launching in South Korea

Baua Electric

BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. The Chinese auto giant has been selling commercial vehicles in Korea since 2016, but this will be its first time launching passenger models. The low-cost electric SUV starts at just $30,700 (42.08

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Canada to slap 100% tariff on Chinese EVs just as BYD preps for market debut

Baua Electric

Canada is set to impose a 100% tariff on Chinese EVs, following similar moves by the US and Europe. Prime Minister Justin Trudeau told reporters on Monday that Canada will enforce a 100% tariff on Chinese EVs. Canada will follow the US, its biggest trade partner by far, in enacting a 100% tariff rate on Chinese EV imports.

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Mexico is already building its own cheap EVs that will rival China

Baua Electric

Mexico is done importing cheap EVs from China and India as it plows ahead with a prototype of its own. Although Tesla officially paused plans for its Gigafactory Mexico until after the US electric in November, the country will still build EVs domestically. The country already has several prototypes. “We

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Ford CEO says new mid-size electric pickup will match the cost of Chinese EVs like BYD

Baua Electric

With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico.

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