Amidst a dynamic global market, Chinese automaker BYD has surpassed Ford, securing the fourth spot in global car sales in August, highlighting its resilience and potential in the automotive landscape.
For what purpose? Selling EVs is not like selling property.
BYD is now the second largest EV vendor in the world and there market share is growing rapidly. They’ve stayed out of the US market for some reason (probably worried about getting hit with sanctions like Huawei) but there are plenty of them in Europe, Asia and Latin America.
Getting subsidies based on car sales from the chinese government. Just because it‘s state capitalism doesn‘t mean corporations won‘t use every trick in the book to turn a buck, especially in china. This story is widely known with many reports and clips to back them up. There are entire BYD car fleets with license plates that rot away in china.
For what purpose? Selling EVs is not like selling property.
BYD is now the second largest EV vendor in the world and there market share is growing rapidly. They’ve stayed out of the US market for some reason (probably worried about getting hit with sanctions like Huawei) but there are plenty of them in Europe, Asia and Latin America.
Getting subsidies based on car sales from the chinese government. Just because it‘s state capitalism doesn‘t mean corporations won‘t use every trick in the book to turn a buck, especially in china. This story is widely known with many reports and clips to back them up. There are entire BYD car fleets with license plates that rot away in china.
Here in Southeast Asia, they’ve become a pretty common sight on the roads.
I suppose the next claim is going to be that BYD is hiring paid actors to drive the cars around…
There is no limit to how far people will take their copium sometimes
Which doesn’t contradict anything I just said.