Posted on 03/28/2025 9:49:43 PM PDT by Cronos
China’s BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.
“BYD has become an industry leader in every sector from batteries, electronics to new energy vehicles, breaking the dominance of foreign brands and reshaping the new landscape of the global market,” Wang Chuanfu, chairman and president of BYD, said in a statement.
The filing comes shortly after BYD announced a new battery technology that it claims can charge EVs almost as quickly as it takes to fill a gasoline car.
Last week, BYD unveiled an ultra-fast charging system that it said was capable of adding 250 miles of range in just five minutes, outpacing Tesla’s charging technology. Tesla’s Superchargers take 15 minutes to charge and provide a range of 200 miles.
In addition, BYD launched an advanced driver-assistance system last month for most of its models at no extra cost. Analysts said the free upgrade of its proprietary “God’s Eye” system increased pressure on Tesla and other Chinese EV makers. In contrast, Tesla’s Full Self-Driving (FSD) service is available to US customers for a $99 monthly subscription or a one-time payment of $8,000
(Excerpt) Read more at cnbc.com ...
Good. Let China spontaneously ignite everywhere possible, from their lithium batteries going nuts.
https://motors.mega.mu/news/byd-hit-100-billion-next-an-ev-factory-bigger-than-san-francisco-20250326.html
They have used their BYD blade batteries since 2021 globally and no news of any one of them igniting
RE: “God’s eye system”
Isn’t that blasphemy from the pagan or atheistic Communists?
Mockery at the least.
Ahh the eternal struggle; Elon or Chinese EV’s: who can be the most useless drain on world productive capacity and resources?
I heard a meteor came pretty close the other day. Another one is on the way; we’d like to deflect it, but we spent all our production and resources on building cars that won’t be worth spit in four years, and data centers so Elon and Bill can tell everybody else what you had for breakfast.
Many news reports of EV cars igniting and burning in China, and many of them are BYD cars. In May 2024 a BYD showroom burned down due to one of their models igniting inside, burned down the entire building including the cars inside.
Seems that BYD EV cars are very dangerous.
20 March: Youtube: 7m20s: MGUY AUSTRALIA: BYD’s “5 minute charging” is PURE FANTASY | MGUY Australia
https://www.youtube.com/watch?v=I6-Zc_9crUU
BYD is a communist run company that also bribes US politicians like Gavin Newsom (CA) and Jeb Bush (FL).
The electric vehicles will not last and the commies will one day pull the plug : ) on the electric madness.
Beware of Chinese propaganda. It’s the land of smoke and mirrors.
CC
Check out “China Uncensored” and “China Fact Chrckers” on youtube. They talk about things going on in China that nobody is talking about. Like the fact that some companies haven’t paid their workers for 6 months, and the workers as reprisal have set the factories on fire.
CC
Tick Tock
Tick Tock
But didn’t we decide that we would rather use gasoline cars for the most part?/snark
China Uncensored is pretty much anti-China prop . Those 2 guys loved China until they left and saw the money was with being anti-China .
Trump will tariff them out of contention here.
Let me know when BVD is building a battery plant the size of San Francisco inside the USA borders.
If you watch any YouTube videos about their cars you will see how poor the quality of construction and materials of these cars is, they not only self immolate at a much higher frequency than Tesla’s, they also fall apert and are severely prone to rust. But hey ya get what ya pay for.
TYhe automobile with the largest sales in the world was the Tesla Model Y
People will invest savings or pensions in that complex, like they do with the empty unfinished ghost cities and no one will say anything because that would collapse the whole scam.
“Trump will tariff them out of contention here.”
Actually Biden already did that. He put 100% tariff on chinese EV cars, that’s why you don’t see any of them here.
And, this is why Teslas are being attacked in the US. Just like with Antifa/BLM, thugs hired locally to commit violence.
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