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A comment on BYD launches cheaper Seagull EV with $9,700 starting price tag. Parent comment

Re:BYD launches cheaper Seagull EV with $9,700 starting pric... by seanmcdirmid on Thursday March 07, 2024 @01:55AM (#39625858)
Those are all JVs, Tesla is the only foreign auto company in China that isn’t part of a 51-49 JV. Europe would probably require china to reciprocate if they wanted to start exporting cars made in China into Europe (since China didn’t import many cars made in Europe in the first place).
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Re:BYD launches cheaper Seagull EV with $9,700 starting pric... by wenyuanyu on Thursday March 07, 2024 @02:20AM (#39626113)
Future automotive joint ventures (JVs) in China will cease following the completion of existing contract term.

China is lifting all foreign investment restrictions in all its manufacturing sector this year[0][1].

[0] https://www.jdsupra.com/legalnews/china-to-remove-all-restri... [1] https://www.scmp.com/economy/china-economy/article/3254259/c...

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Re:BYD launches cheaper Seagull EV with $9,700 starting pric... by seanmcdirmid on Thursday March 07, 2024 @11:36AM (#39631057)
Not sure why you were downvoted, but that's great. The JV structure no longer benefits china, However, China should still expect blowback from having their economy protected for so long.
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