{"id":642715,"date":"2024-04-27T11:30:29","date_gmt":"2024-04-27T06:00:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=642715"},"modified":"2024-04-27T11:37:09","modified_gmt":"2024-04-27T06:07:09","slug":"why-byds-ev-exports-sell-for-twice-the-china-price","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-byds-ev-exports-sell-for-twice-the-china-price\/","title":{"rendered":"Why BYD&#8217;s EV exports sell for twice the China price"},"content":{"rendered":"<p>U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China&#8217;s top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals.<br \/>\nThe goal: to rake in hefty profit margins the automaker can&#8217;t get in China amid fierce competition.<\/p>\n<p>In some foreign showrooms, BYD charges more than double &#8211; sometimes nearly triple &#8211; the price it gets for three key models in China, according to a Reuters review of the automaker&#8217;s pricing in five of its biggest export markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China&#8217;s top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals. The goal: to rake in hefty profit margins the automaker can&#8217;t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double &#8211; sometimes nearly triple &#8211; the price it gets for three key models in China, according to a Reuters review of the automaker&#8217;s pricing in five [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-642715","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/642715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=642715"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/642715\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=642715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=642715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=642715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}