In a world and industry booming with electric vehicles, a specific car brand called BYD (Build Your Dreams) has been outstanding in producing powerhouse EVs. Although it has expanded its brand to Europe and other parts of the world, BYD remains unknown and absent in America. It has zero cars on the road, and this has raised many eyebrows as to why the brand is not in one of the world’s EV-dominated countries.
Stonehouse (2024) claims that BYD, a Chinese company, has grown to be one of the biggest producers of electric cars, buses, and trains worldwide. BYD has contributed to the growth of the brand by selling electric cars in China and other markets for as cheap as the $10,000 equivalent in the US. BYD outsold Tesla by selling over 3 million vehicles, including 1.6 million battery-electric vehicles (BEVs) and 1.4 million gasoline-electric vehicles (HEVs).
Except in America, BYD is the giant that rules everywhere
In the market for electric vehicles (EVs), BYD has come to represent innovation and market leadership. By emphasising affordability and cutting-edge technology, the company has outperformed many of its rivals. It reached a major turning point in its ascent to international fame in 2023 when it overtook Tesla in EV sales. The brand has experienced tremendous success in both Europe and Asia.
BYD provides a selection of EVs in these areas that blend state-of-the-art features, affordable prices, and sustainability. Particularly well-liked are its flagship models, such as the BYD Tang and Han, which are creating waves in markets that are ravenous for high-performing electric alternatives. To produce electric heavy-duty vehicles and municipal buses, BYD established a North American subsidiary in Los Angeles in 2011. That division has sold over 700 automobiles.
The United States is a country dominated by electric vehicles, and to think that BYD is non-existent on the roads of America is concerning and puzzling. Given its reputation for embracing innovation and being environmentally sensitive, the United States appears to be a perfect fit for BYD’s agenda. However, strategic, financial, and regulatory factors have prevented this car behemoth from taking off.
According to BYD, it has no intentions to sell cars like its Han EV sedan, which is modelled after a Tesla, in the United States. But like any other manufacturer, BYD’s U.S. website features the features and specifications of two Han models, and the company has sometimes shown up at U.S. auto exhibitions over the past 15 years, indicating that it may want to sell cars in the country.
Will BYD automobiles be sold on American roads in the future?
At this point, we are not sure whether this will happen. However, that does not mean it will never transpire. Chinese-made electric vehicles, such as the Polestar 2, have already been tested by American consumers. However, businesses like BYD find it increasingly challenging to thrive in the United States as a result of recent tariffs targeted at Chinese goods.
New taxes on Chinese-made electric vehicles, batteries, solar cells, medical devices, and industrial metals were announced by the federal government in May 2024. In an attempt to safeguard American EV manufacturers, it has also stated that such levies may double to a whopping 100% in August 2024. The transformation of BYD from a Chinese carmaker to a world leader in electric vehicles is quite amazing.
However, despite an otherwise excellent trajectory, its lack of presence in the American market is a noteworthy aberration. Although political and legislative obstacles currently prevent BYD from operating on American roadways, this could change in the future. Already, we are aware that when it comes to technology and inventions, China and the United States are rivals. It is a matter of time to see what happens next.
