A mention of byd is a subsidy from the Chinese government, without mentioning technological advantages at all. Tesla doesn't even have batteries. In addition, when it comes to government subsidies, the biggest beneficiary is Tesla, which has received a lot of subsidies for building factories and industrial chains in addition to sales subsidies from the Chinese government.
BYD is a joke. They sold mostly hybrids, not EVs . BYD is playing the same playbook as the CCP; copying and stealing other companies' technology. And then manipulating data to exaggerate their narrative. BYD is on top of the list as having the most repairs in China 😂 🤡 😂 My friend has been working in BYD for over 20 years now . He saw how BYD would disassemble other popular cars like Toyota and Tesla, and then copy them .
THEY OVERTOOK TESLA? as the biggest scam producer of EVs? yeah similar methods they took government subsidies produce more than they can sell and are filling landfills with the old models of EVs every day. Also they explode a lot.
Today, there was an accident in China where a BYD driver was electrocuted while sitting in the driver's seat and fell unconscious. It didn't rain and there were no crashes. It appears that liquid flowed from the battery and climbed onto the vehicle, causing an electric shock.
Here in Brazil, BYD is making a real revolution. The electric car market has always been more expensive than combustion cars, but with the launch of one of its cheapest models, she managed to cause a small revolution in the market, making car companies (electric and combustion based) lower their prices to compete with her. And this has not only happened in Brazil, I heard that BYD is revolutionizing all over Latin America with his aggressive prices. And all this in a period of less than 1 year! Very crazy!
I can say with a high degree of confidence that BYD will join the likes of Huawei, DJI, D@hua and ended up on the sanctions list of the US. The US' formula for staying at the top is simple; sanction any companies that it cant outcompete.
Agree 100% with you. Abusing the power of sanctions sooner or later the other countries and UN will realize that the power of sanctions is being abused , they'll end up ignoring sanctions put in place.
The Chinese formula is even simpler: theft of Western technology. The Chinese are experts in industrial espionage. What's more, they demand that Western companies hand over secrets so that they can set up in China. And it's past time to ban TikTok in the US, after all, American social networks have been banned in China.
Don't forget that the video game industry of China is also rapidly growing, the Black Myth Wukong coming this August is gonna be a big earthquake for the global gaming industry
Here in Malaysia, BYD went from something nobody knew to that premium EV everybody talks about in just a year. When I was in China, had many rides in BYDs such as the BYD Tang, and indeed they felt very well built and premium in comparison to Toyotas and Hondas there. Impressive.
Interesting. Here in the Philippines, most electric vehicles are the small and micro variants, i.e. Jetour, Wuling, Nwow. I rarely see BYD vehicles here. I hope they become available here as well.
@@ianhomerpura8937BYD is in the PH. Their Philippine operations are under the Ayala Corp, the fact that the conglomerate was willing to put their name on the line for BYD speaks volumes about how far they’ve come. BYD used to be a joke 5-10 years ago, and now they’re opening dealers in BGC next to the Lamborghini and Bentley dealership with the backing of Ayala.
copying tela's technology ,building byd! i am 100 percent sure if all the automobile companies in the world will vanish for 5 years except byd then ,no new technoloy would have come up quickly! for example:- it did with japan's bullet train and semiconductors!
BYD becomes so popular now in Thailand and changes Thai car market since end 2022 due to the pricing strategy comparing with Japanese and European cars
NIO, li AITO, X peng, huawei are considered the most high-end intelligent driving and black technology in China, and I hope to log in to Thailand as soon as possible. BYD is very ordinary compared to them, and BYD is Toyota in the electric car industry.
Foreign auto companies will also receive subsidies as long as they manufacture electric vehicles in China. Tesla, like BYD, has received many subsidies from the China government.
There are ghost cities full of unused chinese EV's . Because the political left refuses to tell this and only convey their ideology. Its just China and their lies.... and every media outlet falls for it
@@CripplingDuality video did not specifically points out the subsidies were given to all EV manufacturers including domestic manufacturers and foreign manufacturers
I experimented 3 years ago and purchased 4 BYD forklifts. Yes, they make those too. I was hesitant to purchase Chinese made equipment but was intrigued by the batteries. The biggest issue with forklifts is battery charging time, which for a typical lead battery in a forklift is 18 hours to do it correctly. Charge, equalize and cool down. The full cycle on the BYD battery is about an hour to hour and a half. That keeps you from having to swap batteries in forklifts which is fairly dangerous moving a 5K pound battery. You can use lithium batteries but they are incredibly expensive and the usable lift is about the same as lead which is 5 years before problems. The BYD batteries have a 10 year warranty. which just does not exist in the regular battery world. If BYD were to start making forklifts in USA they would dominate the market. They are a battery company that is now making things for the batteries to be used in.
@@iam_arnavisaha32Is China's EV Market Doomed? Foxconn Charges Into EVs, Buffett Unplugs BYD. Since last year, this figure has surged a staggering 1.06 million units. This, alone, is a wakeup call to the industry. Let's delve deeper and examine the case of the industry titan, BYD. In the grand panorama of 2022, they produced close to 1.8 million vehicles. However, the number of insured vehicles falls short at 1.58 million, quietly spelling out the fate of over 210,000 vehicles - accumulating dust in warehouses. If that doesn't raise eyebrows, consider this: in the first quarter of this year, BYD has reported an insured volume of 441,000 units. However, their production report from January to March shows nearly 548,000 units. This suggests an additional accumulation of more than 100,000 vehicles into the already bulging inventory.
Jeremy Clarkson on top gear was right when he did a special in China. “If the Chinese can do this much in less than a decade for their vehicles, imagine another ten years?”
It's not surprising at all. China has a tremendous amount of smart and hardworking people. Far more than the US today. Even Tesla's biggest factory is in China which accounts for over 50% of their manufacturing output.
I am a 2 year happy owner of model 3 who have tried many different electric vehicles but nothing felt like the tesla. My first BYD ride was an atto 3 and I wasnt impressed by the interior and driving experience. Yesterday i drove the BYD SEAL and my my was it an experience. Definately far superior build quality, material choice, comfort and design than the model 3 and for the same price. 😱 The only thing it lacked against the Tesla was its OS which was a little confusing but it can probably be worked out fairly quickly. All I gotta say is whoever underestimate or disregard the chinese automakers will face a rude awakening in the future. I dont see how any automaker will survive against the chinese except for Tesla and some premium german brands. Congrats to the BYD team from Morocco. You deserved it
@@RemusKingOfRomethats not due to globalization but due to the old fashion, extreme red taping and conservative approach western automakers (except Tesla) have to innovation. The autoindustry have been one of the most boring industries for decades with no real innovation but just small changes here and there. No one had the balls to take the lead and force the change except Tesla and after Tesla the chinese readjusted quickly and catched on. The first serial produced Li-ion electric car was actually not done by tesla but nissan, renault and VW (2010-2013) and the model s came out in 2012. What has happened since? Tesla have moved far ahead and so have the chinese but the europeans just stuck to their old and boring ways. If you are not able to quickly adjust and adapt like Tesla and the chinese you are not gonna survive in the future. Get in or get out.
BYD, like many Chinese companies, also invests in supplying markets that are often ignored by most Western companies. In Zimbabwe for example we've only seen a handful of Tesla cars trickle into the country over the past ~10 years, that have to be imported on an individual basis from Asia and the USA. This is partly because of the price of their cars but also because Tesla doesn't even have a dealership on the entire continent of Africa. BYD on the other hand has dealerships popping up across the world; 400+ cities, 70+ countries, and 6 continents. In Zimbabwe, we even have a BYD dealership servicing not only the growing EV market in the country but also the gap in retail, commercial and industrial solar power generation. By the time Tesla and other EV companies decide to supply these markets that they are overlooking, they might not stand a chance.
heres a fun fact in turkey, BYD doesnt stand for "Build Your Dreams". instead, it stands for "Bu gün, Yarın, Daima" Which translates to "Today, Tommorow, Always"
The brand "BYD" has no meaning at the beginning. It is just easy to register a trademark by 3 single letters in China back then. As BYD grow bigger and stronger, the brand has been given meanings. Apart from the official "build your dream", many Chinese kiddingly regard it as "Be Your dad". They are proud of a Chinese automobile brand who surpassed its foreign peers.
5:00 that's why Warren Buffett is so rich, such a visionary investor, just 10 years ago, when we call BYD a junk stock, he still kept a large share of BYD stock. A person who can see things so far away deserve to be rich.
Right? Even Elon musk laughed at BYD at the time. He didn't even consider the possibility that BYD could compete with Tesla. Let alone, beat Tesla in sales.
Munger invested in BYD when it was going bankrupt at $1 a share. Bloomfield lies - It was not making cars! Buffet admitted he knows nothing about technology let alone BEVs! Lately they have been selling out of BYD ion proportion to its increasing involvement in EVs. BYD has tried to sell its subsidiaries like its loss-making semiconductor company, but CCP stopped the sale. Government involvement is a very two-edged risk! BYD still makes all its very slim profits from ICE vehicles. Media needs to learn the distinction of a BEV from a hybrid. Hybrids will have a very limited market come mid next year when reduced CO2 limits hit in the EU and increasing in other countries including China.
I live in thailand, never saw a tesla before but saw a shitload amount of BYD on the road. It felt quite weird when you have a screaming turbo diesel pickup screaming pass you and then you see an ev follow up behind it.
And soon BYDs will be assembled in Thailand as well. Not a surprise I suppose since Thailand has always been the major auto production hub in the ASEAN region.
I decided to buy BYD instead of Tesla last month simply due to after sales service. Tesla seems to have insufficient service center here in Thailand (only 1) compare to hundreds of BYD’s.
Tesla produced 1.8 million EV Cars in 2023 , and 53% of these were coming out from their Shanghai Factory in China . Tesla US will not sell EV Cars they made in Shanghai within the US market . China was providing subsidies to Tesla as well as their local EV Car producers . China will be the biggest EV Cars producers in 2024 .
Remember all the fake registrations and car graveyards. It's fall just fake in China. Sad how no mayor news outlet seems to consider this. There are plenty of reports.
BYD and Tesla are both in the same EV industry but different market. BYD will dominate in terms of sold vehicles- like Toyota. Cheap affordable and reliable . Tesla will dominate middle class and probably more profit .
BYD 1st a successful Battery Company 2nd a successful traditional car company 3nd a successful semi-conductor company then how come they are not successful on EV......
BYD is super popular nowdays in Brazil with their eletric and hybrid vehicles. As in other markets, they started here in 2015 with a factory for eletric buses. In november of 2021 was when they started selling cars and since then their sales only grows. BYD Dolphin was the best selling EV of 2023, the sale of BYD electric models surpassed all other electric models added together and now they are in second position of EV and hybrid best selling brand, only behind Toyota. The expectation is to start production between the end of 2024 and the beginning of 2025, with installed capacity close to 150,000 vehicles per year during the first phase of implementation in Brazil.
@@kenho-wr5ul2rh7m 1,000,000th NEV production 19 May 2021 2,000,000th NEV production May 2022 3,000,000th NEV production 16 November 2022 5,000,000th NEV production 3 August 2023 6,000,000th NEV production 24 November 2023 ok
Neither Tesla nor BYD are "just a car company". The main reason (imo) that BYD can "scale up faster" is because they PLANNED for it when building the factories. They STARTED as a battery company. But When they began building ICE cars, they KNEW they would build EVs in those factories at a later date. . They were built to convert first to hybrids, then full EVs with minimum downtime. .
can't also forget the Chinese gov't protectionism -- banning all foreign battery competitors. Or their mercantilist policies -- threatening other nations with supply cut to prevent development of domestic industry -- eg, graphite supply.
For those who think that BYD obtains an unfair price advantage in competing in the European market through subsidies, I hope you know that BYD's prices in China can be as low as half of those in Europe at most. As for vehicle models and configurations, the products that BYD is allowed to export to Europe are almost obsolete in China.
@@finn2020 BYD Seal is priced at just over 20,000 euros in China. And it didn't sell very well. In China, prices between 18,400 and 38,400 euros are the most competitive range among car manufacturers. The price/performance ratio of Chinese cars in this range exceeds your imagination.
@@wcsun5050 Im not looking for BYD seal tho. Im in SEA and ive only seen their older models, as i have not been actively looking. Hope the prices will come down some more. We dont get much to choose from for EV that has nationwide service centers.
Nothing is unfair here, many American electric car manufactures have also recived government subsidies along with other companies all recieve support from the their respective governments if they grow big enough
It's not so much 'what's allowed', but the EU imposes a 10K pro-oil anti-sustainability tariff on each BYD that gets added on top of the price. Thank Germany and France that desperately seek to illegally protect their garbage-tier car industries for that one...
For the Americans out there, I suggest watching some Gordon Chang and Peter Zeihan videos about how China will totally collapse in 10 years. That should help you guys cope 😂
@@captaingrizzly9511lol USA is just trying to find a reason to have a war, and it needs an alliance to win. Ppl will die but the military business will thrive.
@@captaingrizzly9511 Naa. China is challenging usa' dominance. It's not about war it's about ideological and economical differences . China is raising as technological superpower and directly challenging usa .
China has been developing while we've been playing politics these last decades. Hat's off to them, they deserve all the success! They used to copy and learn from us, now we have to go to them if we want to build high-speed rail, motorways, bridges, EVs etc...
I have seen my first BYD car last week in Melbourne, when I went to Camberwell for a little cycling. Then I started seeing more of them the following week in Balwyn, parked behind a Dan Murphy's, I thought it was just me. They are very silent and sleak I can tell you that. Half the price of a Tesla? No wonder some people are buying it.
I checked some EVs here in Shenzhen, like Tesla, BYD, XPENG, NIO, HUAWEI, Li, I got in all of them, I can tell you that, Tesla is my last choice. If you can compare all of them, I am sure that you will choose Chinese EV, but not Testla.
@@omar12390 Manufactuers which cooperate with HUAWEI, and Huawei supplies whole solution, hardware and system. Powered by Huawei. The popular ones are M5,M7 and M9.
Here in Brazil you can only buy a Tesla vehicle if you import it independently. There are no Tesla dealerships and it's easier to find a Ferrari or a McLaren than a Model 3. On the other hand, BYD has arrived with excellent electric cars at a price equivalent to a Corolla. It also bought Ford's old factory in the north-east of the country.
Own my first Ev . BYD Atto 3 . Shocking that it is better than my Mercedes C200(2017) in acceleration, comfort, quality , AI inside, etc. Plus ..... Cheaper Running Cost and almost NO Maintenance cost. I then SOLD my Mercedes C200. That say a LOT about BYD EV's.
BYD's success is not all attributable to government support. All manufacturers, including US, European, and Japanese companies, benefited from Chinese government's subsidies. Chinese market is actually more open than US and EU, which has encouraged competition and innovation. It's no surprise that giants like BYD would arise there.
Bull... They are literally subsidized by communist party. Add to that all the tech they stole from the west, add cheap labour, and of course you will get cheaper car. Right question is would it stay cheap if there is no competition?
What no one should forget is that before BYD took over the world, before Tesla and Elon were household names. Warren Buffett already had money invested in it years ago, which he exited right before this current peak. Oracle is an oracle for a reason.
@@chendavid8359 Definition of your job: 50 cent army commenters create comments or articles on popular social media networks that are intended to derail discussions which are critical of the CCP, promoting narratives that serve the government's interests and insulting or spreading misinformation about political opponents of the Chinese government. They are paid per comment.
@@sarmadsadiqe4424 Hi, thanks for the reply. I have a Holden Commodore VF which is definately my favorite, it will last a long long time, these regularly do over 500,000km. It will outlast me but will not last 1000 years. Perhaps nor will the ccp, and winnie is already showing his age. There are very few cars that last as long as an Australian Holden Commodore! Nice talking to a fellow car enthusiast, do you have any interesting cars yourself?
@@nleo5351 CIA is the first line of defense for the United States. We collect and analyze intelligence to further national security and preempt threats.
Here in Mexico BYD is big, bigger than Tesla, mainly in the public transport sector and taxis. It is a new but respected and admired brand, unlike Tesla which is viewed as overpriced and for the rich only...
@@matthevandaalen6289he is not lying im from Costa Rica and byd is winning the latinoamerican market. Is the same Every where is latinoamerica. No body wants a combustión american car... Every body wants a BYD. I sorry but in this topic you Will have to cope even harder
I went to two car shows in Lyon, France, and Barcelona, and BYD was present in both of them! It was very interesting to see how many European people were approaching their booth to learn more about the brand. I reckon they'll be like Xiaomi, Huawei and Oppo but for EVs. Props to them!
BUT SIR MY INDIA IS THE REAL SUPERPOWER 🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
i own a byd seal , I tell u the fact , the car is amazing to drive and interior and build quality is like German car. actually when u drive a BYD u never knew it's a Chinese made car. ( I'm not a Chinese btw ) .
Why it couldn’t be a Chinese car though? The world is constantly changing. Just like made in Germany used to be labeled as poor quality in the 19th century
Actually you should know that it's a Chinese car, because its intelligent features are only rivaled by Tesla -- but it's common among Chinese cars. Even German companies are outsourcing their software to Chinese companies.
You never expect oil leakage from a German high end brand BMW as well, but it happends all the time for almost all BMWs. Not to mention VW emmission fraud , why people are so tolerant to European brand.
Are you really sure about that? you make it sound like Tesla it’s just a car company because from the fact that I see that ship is going beyond the moon😘😎 you didn’t think they were just a car company did you?
50 cent army commenters create comments or articles on popular social media networks that are intended to derail discussions which are critical of the CCP, promoting narratives that serve the government's interests and insulting or spreading misinformation about political opponents of the Chinese government. They are paid per comment. All Hail Winnie Xi 🐹
From a small market beside China i.e Nepal. BYD cars are the hottest selling cars here in budget segment. The most appealing factor: Premium quality at economic price.
Western governments and companies have lost the plot. Instead of focusing on their economies and societies, they wasted their time on domestic politics and international interference. In the meantime some big Asian countries have been focused on improving themselves.
Whilst BYD might have already suprassed Tesla for both quality and also produced more efficiently, Tesla will do okay over time and stay in the market. They are inferior to BYD only on a technology basis, but Tesla do have a loyal following and that is important.
BYD sold 9% more battery EV than Tesla in the Q4 2023. Overall, BYD's annual “NEV" sales million! That places it in top 10 automobile manufacturers. But BYD is 100% electric! BYD is now selling in Japan, Europe, LatAm etc.
As a person living in Europe myself I think it’s shameful that Europe is trying to stop Chinese EVs. Here the ID.3, 4 and 5 are way too overpriced for what they are and while Teslas are priced relatively well, they’re still more expensive than BYD vehicles here. European manufacturers have always been overpriced in my opinion.
It will eat domestic market and jobs . China wants to make countries dependent on them . We have experienced this in India, as they have captured all mobile devices market and domestic market is lost. Everything is imported and increasing dependence
Practically there is very little incentive for US and Western automakers to switch because they are still selling millions of gas cars, especially expensive luxury SUVs and trucks. The Japanese companies have a lot to worry about.
Actually, US is the only major market still pushing gas cars. EU and China have been advocating EV. US is very conservative about EV since oil companies can lobby their politicians.
@@JigilJigil Using coal plants to charge EV is still better for environment than everyone using gas cars. Dont know why these anti ev idiots dont understand.
🤨 TESLA, GM, FORD, ETC received over $400 billion from govt subsidize through subsidize, federal credits from American Recovery and Reinvestment and Inflation Reduction Act.
BYD is just a car company. What worries the United States is that in various high-tech fields, the United States’ opponents are almost all Huawei, including 5G technology, which they do not have.
Tesla enjoys a much more favorable policy from the Shanghai government which is a way better deal than other brands getting. BYD on the other hand has done what Elon promoted to do, to bring affordable EV to families. End of the day, the competition will always benefit the consumer. If you don't like BYD, just stick with whatever you want to spend your money on.
I'm in Israel and byd is everywhere since it's great value for what you pay and cheaper than most evs here. I have 2 the atto3 and the dolphin and they are amazing cars. Not perfect but again great value for the price especially here where cars are very expensive. I also read that Israel is the third largest importer of Chinese cars in the world which makes sense since they are cheaper than most cars here
I actually saw a big byd sign on a building in Los Angeles off the freeway. I hope they do since they are cheap and will only put more pressure on Tesla and great cars. Here a Tesla model 3 costs about $20k more than the cheapest byd and about $10k more than the atto3. Tesla is an amazing car but I wanted something bigger and with a lot of features.
A month or two ago I saw a TV news report about the Israeli war. A BYD Dolphin flashed in the camera, and the car was riddled with bullet holes. BYD’s lithium iron phosphate batteries are indeed safe
I'd love me some Chinese car supported by the Chinese government. I'd truly enjoy driving a BYD vehicle fully knowing that I'm protected from the Chinese government data collection practices. Awesome!
Nobody is toast, 85% of the car global market is still owned by ICE, by the time we see a substantial change in the market, all the legacy car makers will get their share of the EV markets as well, the future of EVs is going to be Tesla followed by all major legacy car makers, Chinese car industry will be limited to China and a few other poor countries.
The other reason BYD beat Tesla is - looks. If you want to drive around in a jello mould, buy a Tesla, they ALL look the same, horrible looking cars. Every EV maker has overtaken Tesla in design and technology. We have an excellent choice of cars to choose from. The US car market is quite small and limited. Many vehicle manufacturers dont even bother selling in the US..
Sorry, but the first claim, that the PRC's support of EV's in "unprecedented" is bull. The US rebuilt itself to ensure everyone would want a car, then made gas cheap for it, on a scale that makes $30B in lower taxes pale in comparison. Even if you take the PRC's other policy supports for EVs, this is really no different from the many policy supports for car centric development taken by the US in the 20th century up to now.
BYD is not the only automaker that produces batteries in house. Tesla also produces its own 4680 battery cells in house which are currently used in the Cybertruck. Obviously not at a mass scale like BYD
Initially, they were Panasonic cells, assembled into Tesla battery packs. But this was an astute strategy. Apparently Tesla has diversified into manufacturing their own cells. @@dazm901
so people should understand how big margin the European and japanese cars earned from customers. Thats also the reason they start to sanction chinese EVs
There are really only two things hindering EV mass adoption. That is electrical infrastructure and the barrier to entry fee. As time has gone past, the electrical infrastructure in many places has progressed very well with Tesla playing a big part in this system which is smart, own the car and the way to charge it. That being said however, the car is important too, on this Tesla has really been a disappointment in my opinion. The average joe simply does not have thousands of dollars to buy a new EV that will likely degrade faster when compared with used combustion cars. More cars means a bigger push for electrical infrastructure, Tesla put the cart before the horse on this one in my opinion so it is no wonder that BYD which has vehicles at half the starting price is getting market share very fast and deservedly so.
Tesla is still king outside of china , electrical infrastructure depends country to country, the ev revolution is slow because the ice have centuries of popularity but it is inevitable either full electic or hybrid
@@juliahello6673 Unlikely as the Teslas with the NMC lithium batteries will be more costly to own and operate over the lifetime of the car when expensive battery swaps have to be done.
Why are we congratulating BYD's rapid revolution which is destroying America's and Europe's car economy? It's impossible for our automakers to catch up to BYD's dominance since China controls 90-95% of the rare earth material production which is crucial to the production of batteries. Due to the export quota created by the Chinese government, the same rare earth materials cost twice as much outside China. Due to a lack of government action, our car industries will collapse and see the rise of Chinese EVs. The same happens in other sectors which need rare earth materials and we will soon see the downfall of western industries and the rise of China's military
