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Auto industry insiders were stunned when Caresoft, a highly regarded engineering consulting firm, tore down BYD's mass-market EV, the Seagull.
Priced around $11,000, the engineers found the Seagull to be well-designed, user friendly, rich with options, and of surprisingly high quality and reliability.
The US automakers reacted swiftly, and produced reports insisting that BYD's entrance into US car markets would be met with strong enthusiasm from buyers, and legacy carmakers would be unable to survive.
Because of the Seagull's low price point, US tariffs of 25% would be irrelevant: BYD could still make high profits even after the tariffs were paid. Or, BYD could simply place final assembly plants in Mexico and avoid them altogether. Aware of this, the Biden Administration in May jacked the tariffs up to 100%, and announced that Chinese car plants even in tariff treaty countries would be cut off from US markets.
Correction: I was wrong when I said that EV's are lighter. Apologies. I was working with three sets of notes, and the changes didn't make it over in the final draft. It was my fault. Cheers. Kw
Resources and links:
American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap'
https://insideevs.com/news/710....364/byd-detroit-impo
On a collision course: China's existential threat to America's auto industry and its route through Mexico
https://www.americanmanufactur....ing.org/wp-content/u
CNBC, Why a small China-made EV has global auto execs and politicians on edge
https://www.cnbc.com/2024/03/2....2/byd-seagull-ev-put
American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap'
https://insideevs.com/news/710....364/byd-detroit-impo
5 takeaways from Biden's tariff hikes on Chinese electric vehicles
NPR, 5 Takeaways from Biden's new tariffs on Chinese cars
https://www.npr.org/2024/05/14..../1251096758/biden-ch
Associated Press, Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
https://apnews.com/article/chi....na-byd-auto-seagull-
Forbes, China’s Seagull Leads The Way In Cheap, Well-Made Electric Cars
https://www.forbes.com/sites/j....oshmax/2024/05/14/ch
Caresoft Global, company page
www.caresoftglobal.com
BYD’s new Seagull EV shocks the industry
https://electrek.co/2024/03/22..../byds-new-ev-startin
Closing scene, Harbor, Hainan Province
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Huawei is China's largest electronics company, and is specifically targeted by Western sanctions. The sanctions are intended to both deny Huawei access to the fastest semiconductors, and to prevent Huawei from selling products in American and European markets.
While most of the recent headlines involving Huawei relate to their introduction of smartphones that were thought to be impossible for them, Huawei is first and foremost a telecommunications hardware company. And recent developments in those market segments have only strengthened Huawei across the world.
Perhaps most ironically of all, Huawei has benefited from being locked out of the North American telecommunications market, as the United States has seen major declines in investment and upgrades.
Huawei is far ahead of global rivals in the telecom space, and is doubling down on its efforts to roll out 5.5G technology across the Global South countries. As the company does so, it is a boon to thousands of other Chinese manufacturers, and producers of electronics and other gear that runs on Huawei networks.
Resources and links:
China’s Huawei pushes network gear upgrades in friendly nations, touting AI boost
https://www.scmp.com/tech/big-....tech/article/3285281
Huawei is back – net profits more than doubled in 2023
https://techblog.comsoc.org/20....24/03/30/huawei-is-b
Dell’Oro: 2023 global telecom equipment revenues declined 5% YoY; Huawei increases its #1 position
https://techblog.comsoc.org/20....24/03/13/delloro-202
Bloomberg, US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering
https://www.bloomberg.com/grap....hics/2024-us-china-c
Huawei Announces 2024 H1 Business Results
https://www.huawei.com/en/news..../2024/8/h1-business-
Reuters, U.S. bans new Huawei, ZTE equipment sales, citing national security risk
https://www.reuters.com/busine....ss/media-telecom/us-
How economic statecraft shaped Huawei’s global FDI footprint
https://www.hinrichfoundation.....com/research/wp/trad
Closing scene, Karst Limestone Formations, Guilin, Guangxi
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To understand the conflict in the Democratic Republic of Congo, particularly in the eastern region, we need to talk about its deep historical roots with ties to colonial history, ethnic tension, resource exploitation and international intervention.
Who are the other factions involved in this conflict?
This is the story of Rwanda's intervention in DR Congo.
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In every female kobudai... is a male in waiting.
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