Speaking of Asians, can BYD duplicate what Toyota and Honda did in the 70s?

[theking]

I mean back in the 70s, Toyota and Honda went through hell in the U.S. market mainly by getting falsely labeled "Jap crap, rust buckets", etc., by racist White folks that fear their threat to the American auto brands such as Ford, GM, etc. But Toyota and Honda endured those hate by continuing to produce cheap but very reliable vehicles until gained most of the folks in America's trust as we know now..

Say goodbye to the US car market as we know it: Cheap Chinese EVs are coming

After years of preparation, Chinese car companies are poised to upend the US electric-vehicle market.

Industry watchers say it's only a matter of time before Chinese automakers bring their impressive — and importantly, inexpensive — electric cars to the US. After years of threatening to set up shop on American shores, the companies are closer than ever to making the move to the US.

On their home turf, Chinese companies have already vanquished their American competitors, eating up market share from the likes of Ford and General Motors by offering better quality and less expensive electric cars for shoppers. They've started exporting a slew of brands to Europe too.

As Chinese car industry leaders like Nio and Geely eye a move to the States, the big question is can they overcome political frictions – and will American buyers go along for the ride?

"It's going to be an interesting couple of years ahead to see whether Ford and GM and the like can stave off that Chinese competition coming in," said Martin French, a managing director at the consultancy Berylls. "From what we saw at the Shanghai auto show this year, that competition is very, very real."

China's EV industry has exploded in recent years. In 2022, US EV sales hit a new high of 800,000, while Chinese buyers snapped up some 5 million all-electric passenger vehicles. After years unchallenged, Tesla is about to lose its crown as the world's largest EV maker to a Chinese company, BYD.

Toyota, Hyundai, now BYD
In the 1970s, Japanese car companies like Toyota and Honda swooped in with affordable and fuel-efficient vehicles that knocked US carmakers on their heels. More recently, Korean brands like Hyundai and Kia have been eating Ford and GM's lunch on SUVs.

[theking]

China overtakes Japan as world's top car exporter

China says it has overtaken Japan to emerge as the world's biggest exporter of cars in the first quarter of the year. China exported 1.07 million vehicles in the period, up 58 per cent compared to the first quarter of 2022, according to data from China's General Administration of Customs.