They’ve out Toyota’d Toyota - good for them.
Nice enough, reasonable price, good range - exactly what most people want in an EV.
I think Tesla will just let BYD have the lowest market segment. I don’t see Tesla making a car that is just around town. Since that is the largest volume sales BYD will do very well.
Is it better to make $2 each on 50 vehicles, or $1 each on 100 vehicles?
(I don’t know)
With BYD set to overtake Tesla, is there a reason the market cap is so massively in favour of Tesla?
China subsides BYD while taxing Tesla.
Almost all EVs sold in China are exempt from a vehicle purchase tax, making them more affordable for drivers, which then boosts overall consumer demand and revenue for automakers.
Beside being cheaper, do they offer same quality or are there se trade-off?
Don’t they only sell in China tho
They actually care about build quality and have proper QA?
They are winning the race because the sells numbers in china are artificially inflated