South Korean media: Trump's increased auto tariffs, BYD is expected to become a big winner! On April 3rd, South Korean media "Asia Economy" published an article stating that the world's largest electric vehicle manufacturer, China's BYD, may further widen the gap with other automakers due to the Trump administration's auto tariffs. Under the inevitable increase in new car prices affected by auto tariffs, BYD, with its diversified export countries, is relatively less affected by price hike pressures. Analysis suggests that BYD, with its advanced technology and low sales prices, will have more advantages than other companies. Recently, the UK's Financial Times reported that "due to US auto tariffs, Western automakers may fall further behind BYD, as Chinese companies are launching increasingly affordable products and the most advanced electric vehicle technologies." The automotive industry observes that imposing tariffs on auto parts and vehicles will lead to supply chain disruptions, increased costs, and ultimately higher car prices. Consumers may also hesitate to purchase cars with higher prices or even cancel their purchase plans, which could result in a downturn in the automotive industry and reduced investments. The Financial Times pointed out that "the US tariff on all Western automakers may further hinder the transition to clean technology, the future industry." BYD is relatively unaffected by the risk of auto tariffs because its business structure does not rely on domestic US sales. Although most global large-scale automakers depend partly on the US market, BYD finds it difficult to enter this market due to the current import tariffs on electric vehicles imposed by the US and Canada. Chinese enterprises have found breakthroughs in emerging markets such as South Africa, Brazil, India, and Turkey. The Financial Times stated that "many of these export products are internal combustion engine vehicles, but as demand increases, China is preparing to launch competitive electric vehicle models." The Financial Times also mentioned that at the announcement of auto tariffs, some experts compared BYD's ultra-fast charging system to the "DeepSeek" of the global automotive industry, and added that BYD continues to introduce cutting-edge technologies, including free advanced autonomous driving systems. This shows that BYD, which leads in low pricing, also lags behind in technology. The Financial Times also pointed out that US policies are going against the pace of the electric vehicle era. Representative examples include the tariff on imported vehicles, the suspension of electric vehicle subsidies, and President Trump's friendly attitude toward the oil industry. Original text: https://www.toutiao.com/article/1828367757925379/ Disclaimer: This article represents the views of the author alone.