China's leading electric vehicle maker selling cars for $10,000 

Free market only if America is ahead of the competition 😂😂

$10,000 in America barely buys you a golf cart.

That's not called cheap, it should be called affordable

When China exports it's called overcapacity, when western countries export it is called free trade😂😂

So customers have to pay more to keep American CEOs rich?

25% tariff on a 10K car is $12,500. I'll take it!

God forbid we pay lower prices for a car or anything, this country is a scam

Elon Musk laughed at BYD 10 years ago. Who's laughing now!

Even with tariffs, they're still probably cheaper than any other EVs in the US.

We have had BYD here in New Zealand for over two years. Reliable and definely a growing interruption to the major car manufacturers. I welcome it

Its so cheap and families are struggling and yet Wall Street can't let these cars in the US!

Even with a 100% tariff, its still cheaper than anything sold in the US

% of the cars produced are exported. Germany: 75% South Korea: 70% Japan: 50% China: 15% U$ : China has overcapacity.

America: "We are a free and fair Capitalist Economy, Allow the Market to decide the winner!" BYD: "Okay, cool. Can we sell our Cars in America?" America: "No, only American Made Cars allowed"

The US had the same problem with Japanese cars back in the 80s.

100% tariff on Chinese EV cars so that American CEOs continue to get paid hundreds of million of year

US carmakers simply wont allow it. Its always been that way.

Spying on Americans going to Taco Bell Burger King is waste of time for the Chinese.

You know they are good when major brands need timee to catch up 😂😂😂😂

China shows just how bloated and inefficient American and western corporations are

The US auto industry are such petty losers.

Here in México BYD is growing fast...the Dolphin mini is the best and cheapest electric car in our market

I’m so glad when I read comments and see that people are not falling for America’s bs anymore

I live in Mexico City and I’ve seen a lot of BYD cars. They actually good looking

Toyota sells corolla start from $13000 in china, they sells the same car for $25000 in us.

"..tariffs to allow US automakers to catch up" That Ford CEO is a great comedian🤣

I work in the auto industry. Parts are just too cheap to make in China for anyone else to compete. What you produce in the US for $50 you can produce in China for $5. So even with shipping and customs it’s still cheaper to import.

In one sentence - trade protectionism disguised as national security prevents consumers from access to affordable cars

Had a BYD as a rental recently and it was freaking great! Everything can be controlled by voice commands, no need to use the screen - even the windows and sunroof

they can spy on me all they want if i can get a brand new car for $10k that last 200k miles with no problems.

It's like saying to the best student in the class to stop studying so others can catch up. What a shame.

America:China stole our battery technology that originated in china😂

Americans are happy to pay 3times the price for similar products? Wow..no wonder people are going hungry.

It's unbelievable to think that U.S. companies now find themselves in a position where they have to seek government protectionism due to the threat posed by foreign competitors. Our once robust manufacturing sector and spirit of innovation seem to have dwindled away.

We can’t have affordable cars, because America and Europe can’t make cars as cheap as China 🙅🏼‍♀️

Meanwhile GM is selling car data to insurance companies😅

Cars per thousand people USA >900 Australia, France >700 Japan, Germany >600 Korea ~500 Malaysia, Brazil >400 Mexico, Russia >300 Thailand, Turkey ~270 --->> China ~238 U$ : China has overcapacity.

😅 where is the free market now? It’s not just cars is everything else Chinese products are getting good and we can’t compete against their mass manufacturing

I want affordable cars not 40k greedy mobile.

The media should question the West why cant they sell their car at lower price? Not a chance, they need to keep the CEOs pockets rich.

Cheaper cars mean more money saved to pay your rents. Less homeless people in the streets. China is democratizing car ownership

In China, a small electric vehicle with a range of 300 kilometers is only $5,000, and the battery and motor are guaranteed and replaced free of charge for life

from the video no car is only around $10,000 , the Byd U8 is around $150,000

US is steadily declining in every aspects

other country should wait for Western and the U S to CATCH UP? how sad that sentence is... they put on TARIFF because they're TERRIFIED...

Let's tell the truth about the subsidies instead of misleading people: government subsidy is for the whole EV industry： 1. Government requirements for install charging stations in every expressway rest stops, shopping mall parking lots and quick permits process installing in residential compounds etc. 2. 10% of registration tax (sales tax) is waived for EVs, but this includes all brands, domestic or imported, such as Tesla, BYD, VW, any EV from any brands, made anywhere 3. Grants for battery research (there're government funding available for research on new type of batteries or improvement of existing batteries. University research labs as well as companies can all apply 4. In some cities (mainly Shanghai and Beijing), license plate is not immediately available, but rather a lottery system is established for ICE cars, and fee is high, meanwhile, EVs can register and get license plate right away 5. For the first couple of years, auto makers get a cash back for every EV they make, but soon it was abolished because the government found that some auto makers make the worst EV at the lowest cost that's possible, just to claim the cash back. That lasted a couple of years. Again, the cash back is for all EV makers, not just BYD or domestic manufactures. Conclusion: BYD is able of building a $10,000 car is not because of government subsidies, but rather because of its efficiency and automation and vertical integration. When I worked in China 15 years ago, BYD started research on LFP batteries already, and they firmly believed it was one of the best technology for EVs. NBC should tell the truth, not mislead people.

It's so impressive how they're vertically integrated

Your job outsourced: good Your CEOs job outsourced: bad, lobby against it

American companies are allowed to sell cars in China but chinese companies are not allowed in America

Huh. American manufacturers had the potential to be ahead of Chinese competitors by 30 years! It was their laziness and refusal to innovate that brought them to this point! Why should American consumers pay the price for their poor decisions?!

Everyone taking about tariffs. I want to draw attention to the fact that when the reporter sat down to interview the CEO. Someone thought the CEO needed subtitles when she spoke clear English. Half the people on the news in the United States. Can barely read off the teleprompter in understandable English, we don’t get subtitles for them. I hate unnecessary that was to add in those subtitles.

Why can’t we have these here

2:25 "National security" 😂 such a joke... Its such a lame excuse for tariff, banning businesses they cannot compete with or smearing.

If data leak concern is the case, how Tesla can be sold in China?

If it was really about the environment, they would let them sell.

NO wonder Elon is the richest man. He sellin us $10000 cars for $50k -100,000...

It’s ridiculous to link a car with a national security😂

BYD cars are really nice and cool looking. When i was in Thailand they were EVERYWHERE.

Free market for consumers, protectionism and bailouts for american companies... America.

BYD will end up dominating EV and PHEV sectors. Car prices from traditional brands have been getting crazier and now they're crying with the government because they cannot compete anymore😂🤡

0:56 good one "You should back and ask D.C"

China Cars are not only cheaper , but also have higher technology than US cars.

the irony is that American auto need Chinese company like CATL's help to be ready. The US should have aimed for joint venture.

US automakers are cancelling their EV plans. There is no reason to stop BYD entering the unattended market except jealousy.

Trying to compete with more efficient carmakers by slapping on tariffs is like trying to stop a fire by wrapping it with paper

jealous america has to catch up 🤣 what a shame

The car market in U.S needs to be completely taken apart it’s the biggest scam.

Of course US auto markers doesn't want the general public buying 10k cars 😂😂😂😂😂😂

Competition is good. If the Chinese want to see me driving to McDonalds, work, and back home, be my guest. Google does it already. Now take my cash and give me my $10k EV car!

Chinese started developing LiFePO4 battery more than a decade ago, it didn't happen all of a sudden, it's just that the seeds that were planted are now starting to bear fruit.

Now those same cars will be $20.000 after 100% tarrifs. That's inflation my friend!! 😂😅

I still cant afford that. I work 40-50 hours . Its nice thou

I'm all for this. Time to show Elon Musk his overpriced cars ain't all that.

Place 100% tariffs on them, then they will never sell in the US. Taiwan has been doing that over the past some 7 decades since the end of WWII, imposing 100% tariffs on imported auto vehicles. And it has been very effective, and even helps preventing Taiwan from developing its own auto industry. And that's why Taiwan still doesnt' have its auto industry.

What are the range on these?

They seem to be more afFORDable than American cars

$10000 where true free market embraced. 🤣

The American auto manufacturers are greedy. Half the American cars aren’t made in the US. so why can’t they compete in price?

US govt: no you not allowed to sell your car cheap here during inflation

Time to catch up? They’ve been busy fleecing American consumers with overpriced electric vehicles that underperform. I’d buy one, but I doubt I’ll get the chance.

@1.25, the commentator said that "...for a limited time to allow the US manufacturers to catch up..." That is the general theme that has been thrown around, but ultimately, it failed. In Australia, the one locally designed and manufactured car, the Holden brand, was protected by the government by...yes, tariffs. Japanese cars were better, more consumer focused, and would you believe it? Cheaper. The government was desperate to have a local car industry for employment as well as prestige, being a car manufacturing nation. Despite the tariffs on the Japanese cars, Australians still chose them over the Holden cars because of many factors. Quality of finish, economy, value for money despite the extra tariffs on top of them, and reliability, finally closed the chapter for Holden, and the Australian government's desperate desire to have a car industry. So how long can tariffs protect US car industry? It depends on how patient are US consumers. When they realized that they have been ripped off by the government and the car industry, they would choose to cope the tariffs and buy imported cars, and stuff the patriotism bit.

It is competition. Helps bring cost down to benefit consumers.

At the end of the day the biggest loser is the American consumer.

My Cousin own's a BYD Yuan Plus EV in Mexico. Its about as good quality as any other US Gas or EV Vehicle product. I spent a week there in Mexico and I liked it. If they sold them in the US I would buy one, merely for the price tag. Anything US made is far to expensive, and all of us in California are broke.

The world will want Chinese EV cars, USA and its allies can keep having to drive their internal combustion cars.

I would get one a BYD. Anything other than a Tesla.

So I can buy 7 cars instead of 1 ?

Clickbait. So, why didn’t you show the $10,000 model that you clearly refer to in the title?

In Malaysia it costs us $40k to buy one. A big joke by our government.

Tesla,Boeing,Intel. Come on guys, industrial subsidies were invented by America, not China. The only thing I can confirm is that China is a good student.

NOW IT IS 100 PERCENT ON ELECTRIC VEHICLES FROM CHINA.

With advances in Chinese battery technology one can expect EVs selling at USD$5000 in the next couple of years.

2:10 just like how USA brands are planning to not include Apple Carplay/ Android Auto so they get every byte of information from their customers?

I wish they’d come to the US

Not available in the US...yet

It's not just cheaper labor, the Chinese EV makers invest in automation robots. The same behind-the-scenes technology that displaced many manufacturing workers all over the world.

If BYD enters the US Markets, it’s OVER for all the American carmakers and electrification. This is why they are hellbent on preventing entry.

So this is what they call “the ‘free’ market”?

Cars are too expensive in the US. You buy a new car today and after 5 years it loses tis value completely! Why do we then need to spend so much money?

C'mon man, it's just 27% import tariff. As Malaysian we need to pay 100% import duty for CBU cars.