Michael Dunne, CEO and founder of advisory firm Dunne Insights, details how Chinese automotive startups like BYD asserted dominance over Detroit’s legacy carmakers.
He explores Ford CEO Jim Farley’s effusive praise of Chinese automakers during the recent Aspen Ideas Festival and the difficulty legacy automakers have in keeping pace with clean-sheet tech startups.
Finally, Dunne discusses a workaround that American consumers might utilize in purchasing Chinese EVs and avoiding high tariffs – buying lightly used vehicles from a Mexican dealership just across the border and then driving them into the U.S.