Why do you think BYD would capture the EV market easily? Significant barriers to entry.
China subsides BYD while taxing Tesla.
Almost all EVs sold in China are exempt from a vehicle purchase tax, making them more affordable for drivers, which then boosts overall consumer demand and revenue for automakers.
Let’s see those gull-wing doors in action. Very curious to see how much damage they do.
It’s called a free market.
The Swedish Transport Agency has seven days to comply and provide license plates to Tesla, or they will face a fine of 1 million kroner (C$128K/US$93K).
This should be theft.