Comment by Animats
Comment by Animats 14 hours ago
The US is falling way behind in electric vehicles. If BYD could sell in the US, the US auto industry would be crushed.[1]
What went wrong is that 1) Tesla never made a low-end vehicle, despite announcements, and 2) all the other US manufacturers treated electric as a premium product, resulting in the overpowered electric Hummer 2 and F-150 pickups with high price tags. The only US electric vehicle with comparable prices in electric and gasoline versions is the Ford Transit.
BYD says that their strategy for now is to dominate in every country that does not have its own auto industry. Worry about the left-behind countries later.
BYD did it by 1) getting lithium-iron batteries to be cheaper, safer, and faster-charging, although heavier than lithium-ion, 2) integrating rear wheels, differential, axle, and motor into an "e-axle" unit that's the entire mechanical part of the power train, and 3) building really big auto plants in China.
Next step is to get solid state batteries into volume production, and build a new factory bigger than San Francisco.
I think one of the biggest problems in the United States is the misallocation of ambitious people. The highly educated and ambitious people see finance, government, tech, and corporate executive tracks, as the way to convert their energies into social status.
Even startups these days seem to be a case of too many chiefs, not enough Indians.