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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...

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.