Overview
- BYD's Seagull, priced around $12,000 in China, offers advanced features and craftsmanship at a fraction of the cost of U.S. counterparts.
- U.S. auto industry faces significant disruption as BYD plans eventual entry into the market, despite current high tariffs.
- The Seagull's cost efficiency is achieved through vertical integration and innovative design, including single windshield wiper and lighter materials.
- U.S. manufacturers and policymakers respond with tariffs and increased scrutiny over national security concerns related to Chinese EVs.
- Experts warn U.S. auto leaders to innovate or face potential decline as Chinese EVs gain traction globally.