Hacker News new | ask | show | jobs
by somenameforme 22 days ago
BYDs aren't just cheap, they're also great cars. Western economies have become extremely dysfunctional, probably in large part due to everything being run by bottom feeder MBAs who can't see beyond the tip of their noses. It's not only possible to have cheap+good, but I think ultimately necessary for a healthy economy.
1 comments

If you are not comparing by price then what's the point of this? I only replied "don't compare by price" because it seems like the original comment was doing it and it is a very common mistake. If you are correctly comparing a cheap Chinese car with an expensive EU car then you are not making that mistake.
I still don't get what you're trying to argue. Price obviously matters. If two cars offer even remotely comparable value and one is priced at $10k and the other is priced at $50k then the latter is going to play basically no role in the global market, or even domestic if our $10k car isn't banned.

We might look at something like Aston Martin. They make great cars, but they're very expensive and not that much nicer than just a 'regular' car. As a result, the company is now on the verge of bankruptcy. And BYD (and Chinese companies more generally) are essentially doing the same thing to those 'regular' cars that they did to Aston Martin, to say nothing of other EVs. If the West can't relearn how to produce cheap + high quality, then we will have no role in the economy of the future, at least not if China maintains on its current trajectory.