Electric Vehicle Sales Are Booming In South America (reuters.com)
- Reference: 0180111837
- News link: https://tech.slashdot.org/story/25/11/17/2215216/electric-vehicle-sales-are-booming-in-south-america
- Source link: https://www.reuters.com/sustainability/climate-energy/electric-vehicle-sales-are-booming-south-america-without-tesla-2025-11-17/
> China has been ramping up sales since the opening last year of the Port of Chancay, north of Lima. The Chinese-built megaport has halved trans-Pacific shipping times just as Chinese manufacturers face rising barriers to entry in the United States and greater trade restrictions in Europe.
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> BYD, which makes EVs, plug-in hybrids and combustion engine cars, plans to open a fourth dealership in Lima by the end of this year, while Chery and Geely have more than a dozen in total in Peru. Chinese carmakers face a profit-destroying price war at home and a growing surplus of new cars rolling out of Chinese factory lines. Much of this excess is being shipped overseas to the Middle East, Central Asia and Latin America, according to global automotive analyst Felipe Munoz at JATO Dynamics.
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> The Chinese have "carved out space," across both electric and petrol-powered cars, said Martin Bresciani, president of Chile's automotive business chamber, CAVEM. "The Chinese have already demonstrated that they match global standards in quality." Chinese brands reached 29.6% of all new passenger car sales in Chile in the first quarter of this year. [...] Part of China's success has been partnering with trusted local importers to offer more affordable models tailored to regional tastes, according to seven dealerships Reuters spoke to in Peru, Chile, Uruguay and Argentina.
[1] https://www.reuters.com/sustainability/climate-energy/electric-vehicle-sales-are-booming-south-america-without-tesla-2025-11-17/
Meanwhile in the USA (Score:4, Interesting)
Our cheapest EV starts at $30k for a Nissan Leaf. No wonder I've been seeing more people riding around on e-scooters lately.
Re: (Score:3)
> Our cheapest EV starts at $30k for a Nissan Leaf. No wonder I've been seeing more people riding around on e-scooters lately.
Yep, because it’s not just EV it’s also [1]gas vehicles [cnbc.com]. The average went from 30k in 2012 to 48k in 2022 and they aren’t coming down much because of greedflation.
[1] https://www.cnbc.com/2024/03/21/new-used-car-prices-are-cooling-heres-what-auto-shoppers-can-expect.html
Re:Meanwhile in the USA (Score:4, Insightful)
It's not just greenflation. Companies have realized that they can make more money focusing on the top 10% of consumers and just what the bottom 90 go to hell. If they had the slightest fear of competition then they wouldn't take that risk because a competitor might work their way up in the cheaper markets and then jump into the more profitable ones, but since we don't enforce antitrust law because we're busy freaking out about trans girls playing field hockey in the Midwest you can kiss that goodbye.
Re: (Score:2)
> "If they had the slightest fear of competition then they wouldn't take that risk because a competitor might work their way up in the cheaper markets and then jump into the more profitable ones"
There are many manufacturers that sell all kinds of vehicles in the USA. Some made completely abroad from various different countries. Some domestically. And a lot are a complex mixture of the two. But you think there is a grand conspiracy/collusion among them all of them to deprive consumers of lower-priced/l
Re: (Score:3)
> you think there is a grand conspiracy
I see nothing in his post that suggests a conspiracy. Just an acknowledgement that there is more money to be made serving the rich.
> Do you seriously think that having concern about "trans sports" is preventing antitrust enforcement?
He didn't say that either. He's pointing out the obvious that there are lots of important issues and that isn't one of them. Its being used to distract from those more important issues. Just as it is here.
Re: (Score:3)
> There are many manufacturers that sell all kinds of vehicles in the USA. Some made completely abroad from various different countries. Some domestically. And a lot are a complex mixture of the two. But you think there is a grand conspiracy/collusion among them all of them to deprive consumers of lower-priced/lower-end models?
Yes. Why else do you Chinese cars are outright banned in this country? Plenty of people on Youtube drive these cars and yes they are better quality and literally half the price. Domestic auto makers are scared shitless.
Re: (Score:2)
Companies also realized Americans have no transportation alternative, and get to choose between absurdly high house prices and a crushing car commute, or slightly less absurd house prices and an even more crushing car commute. Either way, the car is mandatory, and housing prices effectively become capitalized into car prices.
There's no reason to sell cars for cheap in America. If you can keep competitors out, you can charge almost unlimited amounts for something people absolutely have to have.
Re: (Score:2)
My daily driver is a 2002 Tacoma RWD with a five speed and the smallest 4-banger they sold, that vehicle or its equivalent is just plain not available in the US. I know damn well there's a market for it, since people keep leaving notes on it asking to buy it. I do a certain amount of remodeling and a lot of gardening and landscaping so I need a pickup. I don't need something that drives, sucks fuel, and weighs as much as a 737 MAX, but that's what manufacturers have decided that I have to buy. The 2003
Re: (Score:2)
> "Yep, because itâ(TM)s not just EV itâ(TM)s also gas vehicles [cnbc.com]. The average went from 30k in 2012 to 48k in 2022 and they arenâ(TM)t coming down much because of greedflation."
Part of that is due to the inclusion of ever more and more features and safety equipment. Even the lowest-end vehicles, regardless of propulsion method, are packed with stuff that used to be seen only on higher-end models. Another part is that vehicles kept getting bigger and bigger. For example, look at
great! do canada next! (Score:2)
We need BYD in canada. Fuck american cars, unloyal american car companies and all their stupid fascist BS, government and culture. Produce BYD cars instead. I want my 9k-19k ev please. Would be finally worth ditching the beater for.
Re: (Score:1)
Trump propagandist spotted.
Yeah let's war on those places because they're such a threat and so bad.
You know who has the worst cartels and smuggles the most drugs into USA? our best buds the Colombians. But Venezuela is EVIL and needs regime change eh? Nothing to do with their having the largest proven oil reserves on Earth, nope.
Re: (Score:3)
Or to put it in other words, they are completely taking over the market in any country that does not have their own industry to protect.
Re: (Score:3)
Not to mention that a few years ago Ford closed all its South American production lines and became an importer of Fords. At the same time Chinese companies opened up new production lines in South America - most recently a BYD EV line.
Re: (Score:2)
It's almost as if.... there's a 100% tariff in the US (yes there literally is), and we'd have more electric cars here, except for the tariff...
Re: Dumping (Score:1)
"Who is going to insure ships with EVs after that?"
What if you invest the premiums and make much more than payouts from financial market revenue?
Re: (Score:2)
Not "dumping", darling.
The realization of the dream of one elon musk, the dream of cheap electric cars for everyone.
The dream that he got paid many billions of your tax dollars for.
The dream he exchanged for a trillion dollar payout with a move to a tax shithole.