2 days ago
We asked BYD’s CEO whether or not the company would bring its popular electric vehicles to the US a couple of times in the past decade. We’ve been pushing for it for that long. Unfortunately, the time was never right and it was never seen as viable or smart. BYD is now the second largest full electric vehicle seller in the world, only trailing Tesla and well ahead of the rest of the pack, and is the leading brand in plugin vehicle sales globally .
. “I strongly believe that the IRA may slow down EV adoption in the US.” Again, there may be some truth to what she is saying here, but I’m going to also have to discuss why BYD didn’t come to the US market before the IRA arrived, and how the IRA helps to resolve some of those core barriers. Also, we’ll have to get to the true crux of BYD’s gripes.