Mmastodon LifeAutos first seen 19 h ago, last 44 min ago, peak #7

BYD effect seen as disinflationary force in Australia

Original: An uplifting view: “Chris Dickman, senior portfolio manager at fund manager Australian Ethical, describes the trend as t

Chris Dickman, senior portfolio manager at Australian Ethical, describes the current trend of falling vehicle prices as the "BYD effect", referring to the wave of low-priced Chinese electric vehicles entering the market. He argues these affordable cars are acting as an unexpected disinflationary force while helping more drivers switch to electric vehicles.

Why now: Cheap Chinese EVs from BYD are reshaping car prices and inflation expectations in Australia.

Chris DickmanAustralian EthicalBYD

Open on mastodon →

Evidence

• An uplifting view: “Chris Dickman, senior portfolio manager at fund manager Australian Ethical, describes the trend as the “BYD effect”, referring to the low-priced Chinese vehicles which he says are an unexpected disinflationary force. Dickman says that by helping drivers use… · Lats@aus.social · 15

API: https://socialmediatrends-api.osmike.com/v1/trends/2675715