I'm an investor in the company. They, at this point in time, are the most vertically integrated company out there. They make their own batteries, chips, cars and more. They're now selling in the European markets and they're either exporting to or soon to be exporting to Australia and maybe even New Zealand.
I invested in BYD right after the GME run up, they also create batteries in Germany. There were sources stating that Tesla factory in Germany would bee produced by BYD!
I was listening to Jeff Bezos one time, and he said "The stock is not the company, and the company is not the stock". Even if Chinese companies look bad according to the "stocks", everything else in the company is actually doing quite well. Even if they can't buy the most advanced chips anymore, the consumers still have new and exciting products to buy. Even if Evergrande was shocking the world, in the end, they just set up a "risk committee". Even if they were building empty cities 10 years ago, now many of them are 200,000 - 300,000 in population which is more than I can say about some neighbouring towns in Canada. And in 3 quarters, they are 9.8% up on their GDP.
Byd,didi,alibaba etc most companies with names not of china origin are more than 40% owned by western investors.China is kinda tricky the western countries manufacture in China and then China counts that as exports in GDP.Western companies export in China is more than 60%.They have no structured institutions as the party is the centre of everything.
@@Fireblade-df2wj Go check if you don't see byd warren buffet, Alibaba go check shareholders.Most companies without names of China origin are mostly owned by foreigners. Go check CATL shareholders and you will know ATL is a Japanese company.There is an old book called modern colonisation of China..what happened most foreigner could not own companies in communist China so you get Chinese people to register and then proceed with operations.The reason the world cannot decouple from China is because of the huge market.
I took a BYD Uber in London a while back. The driver told me he test drove several EVs as Ubers. He quite liked the BYD except for very poor battery life.
The level of ignorance in the Tesla fanbase is just astounding. Most Tesla fans have no clue about companies like BYD. Tells you everything you need to know about the sustainability of Tesla's stock price - a huge bubble fueled by ignorance.
@@Patrick-bu5vy haha I think everyone should stick with their definition.No human can predict how high is it going or when to go down its just fundamentals but anyways you call it ignorance
Well most famous companies that mostly popular in China has almost no recognition in the western world (I.e Tencent, baidu and China Mobile) have some or no recognition except a couple few and even more to whom who knows more deeper about the companies.
BYD is starting to sell in India (they trying to break into B2B space of selling their 500Km range variants for passenger taxi purpose) but the price seems on higher side, lets see how it pans out (Saw few white varients on showcase seems top notch build quality)
It is interesting just like apps which are only present in china but a entire automotive empire ( of reverse engineering ) is some what fascinating. Even I’m hearing about them for the first time, so thanks for that. Great video 👍🏻 If copying cars design is called reverse engineering, then I copied some answers from my friend then that should be called “ reverse engineering “ my friend’s brain 🧠😂😅
maybe it's karma for toyota, toyota also often copied western cars before the 1970s, e.g Toyota celica GT liftback and Ford mustang, honestly I'm shocked when I see their cars in that era, they're so similar
Great video ! But I feel it doesn't make justice to the company ! The blade battery is a game changer, a d they are partnering with many other car companies like mercedes etc Plus they do their own chips, electronics, and also have bought lithium linin companies... They also just partnered with a self driving software company.... Also rhzi design went from very bad to very nice. Nothing can stop them now ;)
This is something that rings an alarm..most electric cars in China were built and bought by car sharing/rental start-ups so they can claim government incentives. The truth is these cars never been used/hired but rather leaving them to rot in stockyard.
So out of the 91,000 NEVs BYD sold last month, the 80,000 before that etc., you are saying they were all bought by car sharing/rental start-ups??? Nonsense. Xpeng sold about 15,000 mostly high end models; what ride sharing company buys high end? Usual nonsense about China.
@@LogicallyAnswered 😗 just wait and watch green hydrogen fuel cells car will dominate in future, and soon world will start facing lithium,cobalt shortages, so shifting HFC will be the only option left
never heard of? Of course we have its one of Warren Buffets big holdings and were know for making electric buses. If you havent heard of them you are either blind or you have no clue about the EV world whatsoever.
reverse engineering, copying, the same, then everyone in the world copied chinas invention of the paper? the other one nio ep9 is or was the fastest electric in the world
