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'BYD effect': EV boom becomes an unexpected tool against inflation

The Guardian says falling prices on cheap electric cars are pushing rivals to cut theirs; it is a modest trend, not a rescue.

On air: Vera Bullock and Gloria Vance on BBN This Morning
Published 9:24 AM ET, Tuesday, October 13, 2026

Photo: iMoD Official · CC BY 3.0 · Wikimedia Commons

▶ As it aired · Your Money

Watch it as it aired: Vera Bullock and Gloria Vance on this story, from BBN This Morning at 9:24 AM ET. Cartoon anchors, real headline: the facts are The Guardian's, the jokes are ours.

Photo: BYD Auto — Photo: iMoD Official · CC BY 3.0 · Wikimedia Commons

At a glance

First reported by The Guardian: “‘BYD effect’: electric vehicle boom becomes unexpected tool to combat inflation”.
Covered on BBN on Tuesday, October 13, 2026, at 9:24 AM ET on BBN This Morning, by Vera Bullock and Gloria Vance.
Topics: EV.
BBN covered this story before: Discontinued Ford F-150 Lightning is selling strongly used (October 12).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

The Guardian‘BYD effect’: electric vehicle boom becomes unexpected tool to combat inflation

What BBN said about it

Gloria Vance · World News AnchorThe Guardian reports that the boom in cheap electric cars, the so-called BYD effect, is becoming an unexpected tool for fighting inflation.
Vera Bullock · Co-AnchorSo the car in your driveway could be doing economics before you've even had coffee. I love that for it.
Gloria Vance · World News AnchorThe idea is that when cheaper cars arrive, other carmakers have to cut their own prices, and that holds prices down for everyone.
Gloria Vance · World News AnchorIt's an argument, Vera, not a refund.
Vera Bullock · Co-AnchorA refund on my commute, though. Think of the gas I'm not buying, which is basically a free lunch every week.
Gloria Vance · World News AnchorA free lunch. Where?
Vera Bullock · Co-AnchorWherever the charger is, Gloria. I'll bring a sandwich and a little extension cord, and we'll all feel richer together.
Gloria Vance · World News AnchorI have watched currencies collapse in four countries, and I can tell you the car is not the thing doing the work.
Gloria Vance · World News AnchorThe sandwich is still rising faster than my patience.

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