BYD’s Retaliation Against France!
This page is translated from the original post "Les représailles de BYD contre la France !" in French.
- 04/10/2023 9:58
It was to be expected. Not particularly pleased that its models are excluded from the new French Ecological Bonus, the Chinese giant BYD is showing its claws.
No eco bonus, no factory in France, and no BYD batteries for French cars. This is the clear and concise threat from the Chinese manufacturer following the latest government decisions.
As a reminder, as of October 10, 2023 the electric cars must meet a minimum score to remain eligible for the eco bonus. The scoring will consider four main criteria: the materials used to produce the vehicle, the energy consumption related to the assembly of the vehicle, the type of battery on board, and finally the mode of transport for the vehicle. While the first three points are nearly the same across all major manufacturers, the last one is what really makes Chinese automakers sweat. Naturally, when you cross half the globe, you pollute, and that’s not good.
BYD’s Response
The Chinese giant, the second-largest producer of electric vehicles worldwide after Tesla, does not intend to back down and has serious means of retaliation. To establish its dominance in Europe, BYD planned to open a factory there with an announcement expected at the end of the year. France was among the priority countries on the Chinese manufacturer’s list, along with Spain, and according to the British press, ahead of Germany, Hungary, and even Poland.
Solid Arguments
In addition to this “factory blackmail,” there’s another aspect — batteries. Before manufacturing cars, BYD is one of the world’s leading suppliers of batteries for electric vehicles. The company supplies major global automakers such as Toyota and Ford, but also Peugeot, which has chosen BYD to equip its upcoming E-3008 while waiting to become autonomous with its Gigafactory in Douvrin by 2030…
Why supply batteries for cars that will have an advantage over ours? The message from BYD is clear and straightforward, and nothing can prevent them from applying a small surcharge to certain competitors based on their nationality or favoring certain clients over others. In a standoff, you must choose your opponent wisely.
READ ALSO > BYD’s Wild Offensive
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