Georgia Howe

So while you're in Germany and you look at a beautiful Audi and it's $40,000, I can buy a BYD for about $30,000.

And the consumer says,

That's a beautiful car.

I can get this vehicle and save a lot of money.

But what they were really doing was hurting their own country and their employees and the supply chains and the economy of the country.

And that's worked its way not just into the entire world, but it's starting to work its way into the U.S.

But there's going to be some people trying to stop it.

But we'll see how that actually unfolds.

The biggest one, I think probably the best of them that seems to really have a grasp on creating great quality products is BYD.

BYD is all over the place.

They actually make buses that are sold here in North America.

You might see it, not even realize it.

They are the largest company.

They have been subsidized by the Chinese government.

Again, that's how they get ahead because you come in lower prices, people are interested.

You'll see companies like NIO, Cherry, a lot of, some of them actually own other companies like Volvo is owned by a Chinese car company.

But you wouldn't know that.

Polestar is the sister company to that.

And when you start realizing that they're already here in North America, they're already building components and parts, and they've taken a lot of our supply chain under previous administrations, the goal was to push all this offshoring.

So all these parts and pieces and beautiful center screens and wonderful displays and software all came from China.