Wall Street Analysts tear apart new BYD Seal; claim Tesla should be worried
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- เผยแพร่เมื่อ 13 ก.ย. 2023
- Wall Street Analysts tear apart new BYD Seal; claim Tesla should be worried
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It's not Tesla that needs to be worried, it's every other car maker in the world that needs to be worried. Now there's a second affordable, well-made, efficient EV sedan that can be mass-produced to demand.
No need to worry, no Chinese cars will be allowed in US market
Tesla doesn’t care if they are second or near last place as long as they actually get the whole industry to take EVs seriously. Tesla isn’t just banking on making cars to survive long term.
hey, soooo coool, it's such a long time we did not have a juicy "Tesla Killer". We like those.
Th big boys are comin yehehe
@@chrisaron3036😂. Only Chinese manufacters who are morons would think about going into US now. Of course there are always morons, but not the cars manufacturers.
I think I now know why BYD and other Chinese electric cars are over-priced in Europe. It is to avoid protectionism in Europe, but this approach seems still not enough!
That is not good enough, nothing good enough. That is just giving bullet to ministry of commerce to file a complain in WTO. If the case win, then good. Bussiness as usual. If bad, ok, cranking giga factory ShangHai. Force European auto industry to get on bad term with Tesla. Then things will get interesting
Its not to avoid protectionism, it's to pre-empt it. I mean, if you know anything about western nations, you know it's inevitable.
Not enough because the BEV supply chain is not there in Europe.
And Europe's flagging car industry is going to go under. Europe being protectionist is alright, since they need to ensure their own survival, otherwise there will be no European market. German economy is like 5% car industry and its surrounding environments.
The US meanwhile... they shouldn't just rest in their laurels. A country that keeps pointing out at other markets should not be afforded excuses like the Europe.
I do hope Seal is a great car. It will only help grow the EV market as a whole, and Tesla with it.
Since when Wall Street know anything about EV?
Remember that not only are they ignorant, they lie.
They don’t, but they can hire a SME. Whether that SME is a real expert or not, or is biased or not is up to debate. In general WSJ is very anti China just like other American echo chambers, I mean newspapers
The analyst probably loaded up on BYD stocks 😂
@@hakonpettersen4140Shorting Tesla more likely.
they dont
MG are not selling cars purely on the fact that some people still think it's a Btitish company, they're selling cars because they are good value for money.
Not to say you are totally wrong, but I struggle with that full view. Sentiments tend to influence, plus MG would not have been bought by the Chinese if they weren't relying on brand name.
MG4 is not a good car. It is a cheap car. Tesla puts a $2500 computer and sensors in every car for free.
@@davidbeppler3032 For its price the EG4 is remarkable
Comparing MG to BYD is like comparing Xiaomi to Huawei-ish. But don't get me wrong Huawei can devour BYD anytime looking at Avatar 11 self driving which is a Huawei system.
@@myfreespirit58 Who's comparing MG to BYD?
40,567 starting for seal in Ireland
42,990 starting for model3 Ireland
That's probably dangerously close. For that we need to look into build quality, equipment levels as well as driving experience to see if it's worth spending the xtra $3K.
@@t8polestarcyan22 If the numbers are correct, the difference is 2423,- and not 3000,- (pound I suppose). You have the high performance compute and the sensors for full autonomy on the Model 3, that is worth much more than the 2423 pound difference. Also you have access with the Tesla to the supercharger network, which is the only reliable charging infrastructure. Anybody who stranded at a charger which was not working, knows what I am talking about.
@@user-hq8lb1yv9k If the Model 3 is a better car then I would rather spend some more money. If the difference is around so to say 5K pounds or US$10K then I may consider something.... cheaper.
Basically if I can spend a bit more so I can get a much better car then I will.
The proportion of Viking's positiveness towards a certain EV brand is in tandem with the position of his long stock holdings in his investment portfolio... as a long time subscriber, i am a bit disappointed...
now i regard this as an opinion channel rather than information....
Electric Viking is a notorious Tesla fan boy due to his vested interest...don't ever believe in him
Funnily, you just spread your opinion, without delivering any valuable argumentation......The Viking instead delivers a detailed reasoning on publicly available information, so why don´t you tell us where exactly you disagree?
all the Chinese ev car models that oversea analysts currently reviewing are second tier in Chinese market, wait until the newest models entering oversea market, those are real mind blowing.
Here in Brazil, BYD Seal came for $60.000 US dollar, we don´t have Tesla official sell here. Others cars like for this price here is Bolt EUV, BMW X1 (gas), Audi A4 (gás), Volvo EX30 ( lanch today).
Here BYD make a lot of noise and selling great numbers, maybe they will be strong in markets like ours.
Because Brazil did not condemn terrorist Russia's invasion of Ukraine, Brazil is not going to have top Western products. The West won't invest in a country that doesn't support freedom and democracy.
BYD already know colonial west and it's mind. BYD will become bestseller in other large markets of ASEAN, Brazil, South Africa Gulf Countries, Russia etc
As a Tesla owner in China, you failed to mention the overall built quality ( interior/exterior) of the seal is superior compared to Tesla but the infotainment in the Tesla is better
Tesla has better software to!
I can agree with BYD's build quality especially with closing door sound. I not too sure interior fitting, sturdiness and more but I can say they're far from satisfactory, at least way better than any early cheap Japanese and Korean cars.
Since I live in the US, a comparison between the two cars is meaningless. It will be a long time before we see a BYD EV in the US. Since Tesla is buying batteries from BYD and not the other way around and China is the largest EV market, I would say BYD is poised to become the dominant EV manufacturer in the world.
The biggest known lithium deposit was just discovered in Nevada. Not only lots of lithium, but easily mined. Build a lithium processing plant there and the fact that USA is currently building ev battery factories all over the place, tells me Teslas will just get cheaper and cheaper.
nope byd will grow but won't be the dominant maker.
Funny thing, prior to Trump, BYD was planning to sell cars in the US. BYD will do just fine selling everywhere except the USA.
@@Notme-tq4xs Thats what they said about Toyota in the early 1980s
Not possible. Reason why GigaMexico is going to be coming online. Manufacturing with low costs and free trade with US. BYD will be written off in history book. If Tesla starts a plant in India, their low costs will destroy the Chinese low price EVs. China will be a decaying economy. You should know how their economy is freefalling. Mark my words and come back and thank me in the future.
Saying that TopGear giving it a 6/10 is their worst review in years shows how biased you are, they've given 5/10 to the Lexus RZ, ORA Funky Cat and Merc GLC Coupe in the last 6 months, and that's just from a quick search on their website. Also, here in Ireland the Seal is €46k RWD long range and €52K AWD(Both are on the road prices inc. Delivery charge), whereas a Model 3 is €50k for the long range and €54k performance and if you want a colour other than white it's an extra €1,300. For me, that makes the Seal good value compared to a Model 3.
Sam holds Tesla stock and he is king defender of Tesla world
In Thailand, BYD is seen as a fine EV company with globally recognized quality that have the capability to challenge Tesla for domestic market sales. However, Tesla commands a higher regard from Thai consumers. They see Tesla as being from the number 1 high-tech country in the world, with unrivaled technology. Does thatmean that Tesla will rule the EV market here? I believe no. BYD can still sell more cars because they are simply much more affordable. At the end of the day, reasonable people will use the higher value, BYD. We're just not acountry dominated by millionaires, although the huge number of Mercedeses and BMWs on the road maysuggest it.
And Denza and Yangwang will take the higher value added market for BYD once available abroad. Tesla is too common for wealthy people and too expensive for common people, millionaires and billionaires will look elsewhere as most of us normal people do
BYD has been learning from Toyota for a long time. Finally BYD could deliver its own design with all the goodies about EV.
Elon Musk himself said BYD is the only oem he worries about
BYD Seal at comparable levels is slightly less expensive than the 3 in Europe. Tesla's price increase over China is less than the cost of duties and import VAT (included in European prices). If BYD tried, they would be hit with dumping sanctions.
Here in Brazil it's selling 50% under tesla3 price.
Interesting
Tesla does not guarantee anything in Brazil, so this one is a no-brainer
Engineering analysts may have torn down the BYD. I doubt if Wall Street analysts tore down anything, as the headline states.
those engineers are paid to say this. From a consumer perspective the chinese is not buying their own made car shows how crappy the car popularity is. Just from looking at it, it looks weird asf. Chinese designers things putting more is better but it's not. Just look at the exterior, it's so busy with all kinds of shit on it....
Top Gear is only one publication. Several other reviewers, particularly in Germany, have said the Seal is better (even though the warning chimes are universally hated).
And Top Gear recently also gave the best selling car of all time (Toyota Corolla) a 6 out of 10, which is a significant improvement over some past ratings they had given the car. Top Gear is an entertainment-first publication and ratings have nothing to do with potential for market success.
In Brazil the BYD seal is cheaper. Tesla is not officially here. BYD seal is selling for R$300.000 while a Tesla model 3 dual motor will be imported independently, have no warranty gear and cost around R$380.000. BYD is build up many dealerships and a factory here and they are offering 5 years or 100.000 km free of cost for the maintenance. R$5,00 = USD1.00
The Seal probably has an indicator stalk !
YaY! VW too! Both were designed somewhere around 1990
I will never buy another car with a indicator stalk.
@@davidbeppler3032 I would never lock myself into absolutes.
Maybe i buy another car with stalks, maybe not, maybe i buy another Samsung maybe not.
But i will never again buy a VW before they pay back the damages i have because of their Dieselgate. Thats 15K Euros of + interest rates since 2019.
Skyworth named "SKYLIGHTING" technology solution released, let charge faster than refuel.
Hey Viking, congratulations for the amazing channel!!! Here in Brazil a Tesla with similar specs of the Seal just released in the country costs no less than 500.000 BRL against 300.000 for the BYD Seal. Dolphin swallowed the compact electric cars market before the arrival of the Seal and its n.1 electric car sold in the country. BYD is making a factory in northeast of the country and probably they will swallow the rest of the market too. I agree the ACC software from Tesla is way ahead but, mate... consider paying almost 70% more for a Tesla and you would stick with the BYD and wouldnt even need to think twice.
i`m getting one in brazil and tesla is not there yet, elon said the country was too big and too poor, and now we have a BYD gigafactory there
In Indonesia, Tesla 3 costs 3x more than the highest spec BYD Seal and Korean EVs cost 1.5x more
According to my research, the BYD Seal (EUR44,900) is about 20% more expensive than the new Tesla Model 3 (EUR37,300) for the basic model. The Seal is certainly not a fraction of the cost of the equivalent Tesla Model 3 in Europe but may have a price advantage in China. However, I do agree that BYD and other Chinese electric cars are over-priced in Europe and not selling well. So why has Europe started a probe on Chinese electric cars (including BYD) with the intent to add import duties (tariffs)? Is it a form of protection to give their auto industry a chance to catch up?
Well, von der Leyen still thinks it's way too cheap.
Definitely protectionism, not even an argument
In which Euro area country is the Model3 37,300 Euro? In my country it says 45,970 Euro for RWD and 53,970 for all wheel drive on the website.
SAIC (MG) and Geely (Volvo and Polestar) are well priced and are selling well. There are a lot of Chinese manufacturers and they have different strategies. Given that the EU just opened an investigation into "EV "dumping" by China, probably best for BYD to price high until it announces a production plant in Europe. The EU action is all politics, to pressure the Chinese to open up local factories (as Geely has) and to protect the European car industry sales in Europe. Exactly what they did to the Japanese in the 1980s and 1990s.
In Germany the M3 starts at 42990€, LR costs 51990€. That already includes the obligated manufacturer price reduction.
The BYD blade batterie is much better in the Model Y as in the Seal!
I agree 100%!
In the short term we have a shortage of BEVs so there really isn't much competition in the market of people looking for an EV. In the longer term Tesla is coming out with the compact Tesla and the Robotaxi, I'm more worried about what Wall Street analysts are doing, not really worried about what Tesla is doing.
They probably got paid for that report, so they're doing fine 😉
Tesla announced the Cybertruck how long ago? Why isn't that on the road? If Tesla can't finish that, how can they get the Robotaxi and compact going? Especially when their cost structure doesn't support "inexpensive" like BYD or other Chinese OEMs.
@@ZweiZwolfthe Cybertruck is actively ramping production and will be delivered in a month or so. Not sure what you’re talking about
GM said they would have 23 EV models by 2023, where are they? Maybe Tesla are late to bring out there new EV, but Yes they will be out & will beat any competition when they will, because they bring out outstanding quality & safe product!@@ZweiZwolf
It has indicator stalks, a driver display and a gear selector, I don't know anyone who wants a car without these driver controls. Tesla could stand to lose out big time if they don't start producing cars ordinary people feel comfortable driving, funny enough not everyone wants a robo-taxi with no controls.
I know right
Like ur humor.
Who ever likes pure automated driver controls are NOT really drivers. It's also proven they don't really work all the time.
It's the entire EV experience! It's not just about price, performance, quality, premium features or customer service. It's the overall combination of all those things that makeup the user experience. So far, no company has been able to beat Tesla when it comes to the overall user experience.
GESTALT - the sun is greater than it’s parts.
Xpeng beats Tesla hands down
i like my driving info in front of me not on the side.... and i like a turning signal stalk for safety reason....
@@fatdoi003 removing the stalk is a safety reason. Removing your hand in a roundabout to hit the stalk is moronic. Nothing about removing your hand from the steering wheel to signal is safe.
😂😂😂 over all …in us they have advantage on charging network and in Europe it is close .. what overall advantage you are talking
analysts are saying byd has better cost control and i don't know how you missed that key point.
Wall Street only cares about share prices, but considering how many EVs will have to be built between now and 2050, neither company has the slightest thing to worry about.
I would say, however, that Tesla does need to get on and release the Model 2, as they are falling behind in the small cheaper hatchback market.
In ur opinion Ty I think Tesla needs ta keep doin whut they do
do yo also think rolls royce needs to hurry up and put out a cheap compact?
@@scottmcshannon6821 or a line in e-scooters?
I agree with Tesla Model 2. Otherwise the MG 4 will take the crown.
Ioniq 3 was slated to launch probably in next year so they really need to be worried
I personally like the BYD better.
This Byd car is awesome!
Nothing to worry about - because all these yearly produced ICEs have to be replaced with BEVs. If you take a Tesla or a BYD or any other BEV is just a matter of your personal liking and for what you need/want a BEV.
More competition is needed to bring prices down
People been saying Tesla should be worried about this and that for YEARS! In the end, they had nothing to be worried about.
People don't like to say it, but there is also a stigma against US cars in Europe. Tesla managed to overcome this and no one seems to care that it is a US brand. If the Chinese can do the same then they could potentially capture a large part of the market.
We will see. For the moment it doesn't look like it will happen, but I would never write off the Chinese.
The Japanese managed it...
When Sandy Munro tears down a BYD Seal and then says Tesla should be worried i'll believe it. Not one second earlier, though.
All I would say is no matter how amazing the BYD seal is (and I am sure it is brilliant) when it gets to the UK in numbers they better have a competitive price sticker on the window. Because price sensitivity is always there. This might be better than a Model 3 but you could argue that badge snobbery makes a BMW iX1 better than a Model Y Standard range. Well the beemer better be better because it costs sixteen grand more.
Chill out.
Yep, it needs to be notably better than the MG4, and cheaper than the M3 to have a chance in the UK.
If it tries to price itself in line with the M3 it will struggle. Tesla has the charging network and brand recognition which makes it the obvious choice in that price bracket.
you should ask your government
@@pallettowngangster9297 Don't buy the Chinese MG4. It is not a good car.
It's funny it just happened yesterday, 13th Sep 2023. The president of EU Ursula von der Leyen just accused BYD and the other Chinese manufacturers for dumping due to cheap EV prices on their cars in the EU market. I'd say grab one while it's still cheap.
Let's see Sandy Munro do a teardown of the BYD Seal, then we will know for sure.
Cut Sandy Munro in half and little tiny Elons fall out
Well done analysis. Not sure if he’s overlooking, or is afraid to say it BUT one thing Chinese makers face is a huge hurdle of distrust. I will never willingly buy one of their cars/phones/laptops etc if I can help it. I don’t trust them, and there is nothing they can, or will do to change that.
Lastly - perhaps the biggest problem non Tesla automakers have is exactly what the Viking pointed out, which is - they can’t compete on software. With every passing day it is becoming more clear that FSD is a requirement, and not having it is a huge factor in making a buying decision.
If it pulls down the price of both the Seal and the Model 3 then I'm happy for this competition!
How many cameras does the Seal have? Does it have Sentry Mode?
Robo taxis don't work properly. They have communication problems and then stop in the middle of the roads in San Francisco causing traffic jams.
you are always very correct on byd and tesla. Do look into the seal cooling system and have a video for it. I drove atto3 and unhappy with this car. In Singapore it cost nearly S$200k for atto3 201HP.
Ive walked around a Seal and it is a nice looking car but If I hadn't known what I was looking at, would have easily dismissed it as just another generic sedan.
But it is not.
Thanks!
Welcome!
The last 30 seconds is my belief….Both Tesla and BYD will take over the future auto market
Already have [people just do not realize it yet.Tesla and BYD will produce 40 million EV's by 2030.
good report.
Thanks Mate!
The market needs many options. I do believe some media outlets and "experts" want to hype up a possible threat to Tesla. The CEO who says and sometimes does things that anger people at the company that has been doing the impossible creates a group that hate them or want to see them stumble. Some will be short-sellers, some are actual competitors, and others have social/political views, but in the end they are all against Tesla.
I am happy to see BYD trying to take on Tesla. Just as I was happy to see the Hyundai Group taking on Tesla. As Musk has said, competition is good and for Musk, ICE is the competition. The most recent update, the Model 3 Plus, was more about taking on Toyota Camry, BMW 3 Series, Audi A4, Honda Accord, all while still growing in the insanely competitive Chinese market.
When 2030 rolls around, I see Tesla at the top, but BYD might take the number two slot. I still believe Toyota will fall out of the top five builders in the world. I know many push back on such an idea, because Toyota is so smart or so innovative or something, I do not know what. It took Toyota decades to build their brand loyalty, but over the past ten years, we have seen brand loyalty fading in general. People want the best product and when it comes to EVs, Toyota is way off the mark. I still think their ICE vehicles are not ahead of the pack like they once were. The Toyota company cultural needs a deep review soon or they will fall out of the top five builders by 2030.
Looking forward to see how the first full year of sales goes for the Model 3 Plus. I think it is going to be very successful and that Model Y Plus that is likely coming in the next few months, will make it so the Model Y is the best selling vehicle around the world in 2024. I already believe it will secure the 2023 top seller title.
I wonder who pays the salary to these analysts?
Felic, maybee I agree, what ppl, are you referring to?
@@stennordenmalm9900 buffet is invested in BYD, Gates is shortening on Tesla. One of these giants is probably an indirect employer.
I am sure the Viet cons pay for the analysis.
Afternoon mate
Totally unrelated but I can get over how big BYD logo in front of Seal is 😂
Is it bigger than the Merc Logo in front of a Mercedes?
You should see the new GLA EV concept car. Not only does it have the massive badge at the fake grill, even the headlights are shaped like the Merc badge.
Check out the logo on a Cadillac, LOL
If BYD sales its cars in the USA, I would think Tesla would have a competition. Otherwise, no fair comparison.
Sam we keep hearing the Chinese are going to undercut Western car makers but certainly in the UK thats simply not happening.
BYD, Genesis, Polestar, MG etc. are as expensive or more expensive than legacy car makers and Tesla.
When you described what the CEO of BYD said about crushing Western car makers this is not about selling cars but a cultural and state threat to our way of life and I cannot buy from companies like this.
they catch fire
The Seal DOES have an indicator stalk though. Come on Tesla WTF - use a steering wheel button on a roundabout?!
on lfp batteries, byd is ahead of catl. that is just a somple fact. most ev fans in china know it. Sam is limited to what he reads, mostly reports by western media. he doesnot really know much about those brands he talks about all the time. he hasn't seen not to mention drive many evs. i admire his enthusiasm but laughs at his confidence in himself.
@@harmony3138@harmony3138 @harmony3138 I dont feel his bias, there maybe misinformation at times I dont know but he can only go by the information that is out there from the multiple reputable sources that have done more than sat in a car.I feel this is the pot calling the kettle black in regard to having bias as your taking things way to personal.
Noncompetive pricing / Distroy everyone else
Cheers Sam
No one has said that.
Will be interested in driving the BYD Seal, but it will be more expensive than the Tesla Model 3. However, real world testing shows it has very poor efficiency, likely due to inferior regen systems.
“Evaluated by an analysts”. If these were engineers they would say so. A evaluation by Sandy Munro and Associates is performed by a variety of engineers with respect to mechanical issues and material science examinations. They have a close relationship to electronic engineering firms whose examinations which are update. The report they release a 400 page document which covers materials, components, processes manufacturing costs and identifies vendors where known. I wouldn’t accept an unqualified report to make an important decision.
360 camera, heads up display, Android Auto, stalks, better seats, V2L, driving mode button, gear selector, faster acceleration.
BYD have 3,000 staff on software and you haven’t got a clue.
Tesla does not manufacture cheap family cars. BYD does. Unfortunately they don’t sell in Canada except for taxi cab fleets.😶
BYD should be shipping with the Tesla NACS charge port!
Trunk space in model 3 is 425 lit and BYD 403 not that much difference
Coming from "wall street analysts" makes me wonder who these "analysts" are. This sounds a lot like the negative hype the short sellers generate when they don't like a particular company or the founder/CEO as a person. Wall street doesn't like the stories about Elon and maybe he turned Starlink off to hurt Ukraine. Kinda like the stories which never gained much traction about Spacex using all the liquid oxygen so the medical community couldn't get enough to save lives in the hospitals. So long as Tesla makes a high quality product at a reachable price, I could care less about the Chinese EV, because we will never see them in America. When it comes to the stock market, Tesla is much more than just EVs. Analysts don't seem to like that, because it confuses them. When you add in home power systems, Megapacks, batteries, insurance, computers and software, robots etc., they have trouble fortunetelling the future. Lord only knows what would happen if Starlink and the Boring Company got rolled into the mix. I'm rambling now. Need another cuppa coffee.
He didn't turn starlink off to hurt Ukraine, rather he didn't turn it on over Crimea as asked by Ukraine.needed bidens authority to turn it on in this area.
Will be more than a Model 3 in UK so no chance here. People just won’t spend over £40k here on an unknown Chinese brand car.
It’s a nice car but has nothing to recommend it over Tesla.
Why no? Did you drive it?
Cost and price are two different things. The margin is what is left in between. The analysts are speaking of cost - not consumer pricing. So if BYD scales Seal succesfully, they have great profitability - possibly even better than Tesla. That is of course something that any market leader should note.
gross margin BYD: 20% TESLA:18%
I've been watching a lot of local chinese car journalists reviewing the BYD seal. Reviews are generally positive. However, in a few in-depth chinese journalists that go deep full tear downs and extreme stress testing, the results are far behind the tesla model y and 3.
All reviews favour the Seal over tesla in cosmetic build quality, luxury feel, and mostly favours the Seal in comfort features and ease of use.
Where Seal starts to fall behind is most chinese say the regen in Tesla is far better than the Seal. Efficency Tesla out perform the Seal. Most of the issues stem from cheaper build in motor and chassis. Therefore, extreme driving conditions and temperatures the seal was massively out performed by other local manufacturers and tesla. All reviewers were negative on the Seal for software like safety, autopilot, and auto emergency breaking and handling.
Having said that the Tesla Model 3 is better value for money (especially in Europe) than the BYD Seal, I must address some of the negative comments on the BYD Seal below. On looks, I think both cars look great. As for the interior, I think the quality of the BYD Seal is as good if not better than the Tesla Model 3. With regard to boot/trunk space (an important consideration for any car), Tesla has the advantage. With regard to software, I must disagree to some extent. Tesla software might be more advanced but if its problematic, then it's not so safe. There have been cases in Hong Kong, mainland China, South Korea and in America (hundreds of reported cases) where Tesla electric cars went out of control causing accidents and a number of fatalities. I hope very much Tesla has solved this software problem.
Check very carefully for FUD.😮
This is a biased Tesla defence channel. Like Ukrainians defence
When did you sell your BYD shares??????
The more competition the lower prices go. I never complain about folks talking trash about Tesla, that sort of thing controls demand and is partly the reason I paid $20,000 US less for my model Y this year than if I had bought it in 2022. Bring it! The worst possible thing would be for everyone to agree on Tesla. Demand and prices will get out of hand again.
Byd doesn't decide retail price. if you import a car directly from byd by yourself, you'll find out how much customs, logistics, modifications required by the authorities, destination fees and other charges apart from dealer markup and vat. You'll need some agents at both sides to do those for you since you don't know how to handle those and you need to pay for the services
BYD seal will soon coming to Malaysia , another new for Malaysian ordering new model 3, get ready to receive sooner
Tesla should behave as if they are worried. That way they won’t slow innovation.
CarWow found some severe thermal throttling. BYD seems to have cut some corners chasing the specs
I've tried very hard to provoke thermal throttling on Atto 3 and Dolphin. Guess what? Both are fantastic to have. You can't go wrong with either except for price tag for the cheapest Dolphin. MG 4 Excite is cheaper and better than that Dolphin.
MG sells in Europe primarily because they are priced 10 000 eur below the competition (20 to 25% less)
Can't go wrong with MG ZS EV nor BYD Atto 3. However I'm more for MG 4.
Totally agree with you, although these two cars are very competitive, in terms of specs and technology, BYD does have to undercut its price 10 to 15% to be competitive in any markets. And you’re right, the other manufacturers still hasn’t woken up yet. When I bought my last German car six years ago, I was looking forward to see German cars and Japanese car manufacturers to catch up , but they haven’t done anything and their electric vehicles are still pretty garbage at the moment. It makes a consumer feel cheated and dumb to actually buy one of their cars today. Luk, I like German cars, but when it comes to electric cars they really needs to step up their game to earn consumers interest.
Consumers loyalty will fade away if they don’t treat consumers properly. I need to change my car in the next two years, and it doesn’t look like I would buy another German car. Whether it be BYD, or Tesla, if I’ve tried it, like it, my loyalty will definitely change, and I believe many consumers feel the same
The seal is not a Tesla killer it's a Camry killer
Has this guy ever said anything genuinely negative about Tesla?
Not everyone will buy tesla model 3 and also not everyone is going to buy seal as well. Overall EV market is growing at break neck speed and both model 3 and seal has very large market given their product strength. Only people who should worry is legacy car makers
Buttons and heads up display is a bare minimum for a real usable car. Any less I won't even consider to look at a car
My bias against BYD is based on the performance of their busses in Los Angeles, Albuquerque, and Indianapolis. Very significant underperformance vs advertised range. Structural cracks, and faulty brakes.
The busses are manufactured in Los Angeles. Perhaps the Chinese factory is better.
i watched a video of a tesla with the new byd lfp battery, it's very good
Sounds weird. Japanese analysts should be worried about their own car industry instead. And the same goes for the American car industry except for Tesla
17 October 2023, 7:45pm: Australian prices for the 2024 BYD Seal electric sedan have been announced from $49,888 plus on-road costs - or about $50,500 to $54,200 drive-away - ahead of the first customer deliveries in early December 2023.
The Seal is the third high-volume model from the Chinese electric-car specialist in Australia, and will be between $3100 and $12,000 cheaper than equivalent versions of its main rival, the similarly-sized Tesla Model 3.
You're buying the whole infrastructure with Tesla. Like Apple, it's not just the iPhone.
The facts - Chinese EV is not competitive in Europe because there is about 30% tariff on their cars hence the hurdle. Now with the new subsidies investigations by EURO with Europe protection practice, they will never able be to make inroad in Europe.
Assuming that they adopt an even more pro European bias rather than and balanced trade decision.😊
Yes but the European car makers will with little doubt come out worse when China reciprocates the policies towards European owned brands in China so what ever made the current situation a reality will just be strengthened.
Be interested in your comments following the recent Australian announcement putting the base Seal only just more than the MG4 essence 64. Im tempted
I do not think people have a stigma against Chinese cars. People know MG is Chinese. The reason why MG is getting sales is because is cheap 25k€
You got the compute for full selfdriving and the complete sensor suite with the Tesla model 3, that adds much more value to the car than the price difference to the seal (in China). If Tesla manages to reach level 4/5 autonomy, all the competitors cars, that are not able to do so, are worth only a fraction of a Tesla. Tesla is very close and on a good path, to solve level 4 autonomy in some regions soon. In Europe with roughly the same price, you would be a fool to buy the BYD over the Tesla.
The headline come on!!! Go check the quality of a chinese vice to a U.S. forged bench vise! No comparison!
More competition welcome. Consumer are benefiting from competition
It is CTB cell-to-body
And it is not ripping off Tesla. The actual cells of the battery provide the structure (not a heavy pack case filled with rigid foam).
@@larryevans6739 yes, truly appreciate the “blade design” as it is used end to end for rigidity