BYD = Bring Your Dollar.
Does anyone know if China is subsidizing EVs in its internal market? China seems to be huge on EVs. Just wondering if that’s real demand or a market distorted by government fiat. If the latter, then I wonder if there’s a bubble forming and a crash coming.
China’s build and park but call them sold scam
The Chico s mandated the manufacturing of as many as they could make and essentially sold them to themself in order to make this claim. They are mostly rusting away in fields through China hidden from view.
BYD makes better cars than Tesla. Not a close run thing either.
This is like comparing a Cadillac to a Yugo.
Red China “sells” (at a fantastic discount) to several “third world” locations where Red China seeks a grip on power and sometimes resources.
I saw a video showing near empty shopping centers in china being used to store unsold electric cars indoors on floor after floor. It also showed how badly built they are.
https://m.youtube.com/watch?v=djF597ChubE
Would be interested in comments on this video that airline traffic in China has collapsed
https://m.youtube.com/watch?v=djF597ChubE
Would be interested in comments on this video that airline traffic in China has collapsed