How China's BYD Overtook Tesla

แชร์
ฝัง
  • เผยแพร่เมื่อ 12 พ.ค. 2024
  • Elon Musk’s Tesla has been overtaken by China’s BYD as the world’s top selling electric carmaker. BYD’s rise is the result of long-term strategic thinking by both the company and the Chinese government. And it’s setting up China to be a dominant player in the global automotive industry. Here are the three most important things that have made BYD the king of EVs.
    Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptio...
    0:00 Introduction
    01:08 China's electric vehicle subsidies
    02:13 Cheaper vehicles
    03:15 Manufacturing secret sauce: Vertical Integration
    05:04 Founder Wang Chuanfu vs Elon Musk
    06:14 Global expansion plans
    #China #BYD #Tesla
    --------
    Like this video? Subscribe: th-cam.com/users/Bloomberg?sub_...
    Become a Quicktake Member for exclusive perks: th-cam.com/users/bloombergjoin
    Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
    Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
    Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.

ความคิดเห็น • 2.8K

  • @business
    @business  4 หลายเดือนก่อน +30

    Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptions?in_source=TH-camOriginals

    • @Aapig
      @Aapig 4 หลายเดือนก่อน

      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.

    • @dongshengdi773
      @dongshengdi773 4 หลายเดือนก่อน +2

      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 .

    • @WildFungus
      @WildFungus 3 หลายเดือนก่อน

      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.

  • @rafaelgino
    @rafaelgino 4 หลายเดือนก่อน +1500

    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!

    • @GeneralKenobi69420
      @GeneralKenobi69420 4 หลายเดือนก่อน +42

      ...she?

    • @AlexssandroMeneses
      @AlexssandroMeneses 4 หลายเดือนก่อน +45

      Still very expensive to the average consumer but,at least you don't have to pay 250k for the car plus taxes and fees.

    • @gauvainng7033
      @gauvainng7033 4 หลายเดือนก่อน +113

      ​@GeneralKenobi69420 maybe in Portuguese company is a feminine noun

    • @santhymx
      @santhymx 4 หลายเดือนก่อน +42

      Yes, same here in Mexico 🇲🇽

    • @rafaelgino
      @rafaelgino 4 หลายเดือนก่อน +151

      @@GeneralKenobi69420 sorry, habits of the Portuguese language... Every word has a gender and BYD is feminine

  • @reivell3699
    @reivell3699 4 หลายเดือนก่อน +1012

    Europe and USA be like "NOOO don't sell affordable car!!"

    • @loremasteringwion9930
      @loremasteringwion9930 4 หลายเดือนก่อน

      They are heavily subsidized by the Chinese government and are of very poor quality and catch fire easily

    • @KaushikBala333
      @KaushikBala333 4 หลายเดือนก่อน +86

      Overpriced USA

    • @WL113
      @WL113 4 หลายเดือนก่อน +4

      😂

    • @saiv46
      @saiv46 4 หลายเดือนก่อน +22

      And it's pretty fair, cheap cars are bad for traffic and cities (as there wasn't bad enough). We need public transit!

    • @geoffy8245
      @geoffy8245 4 หลายเดือนก่อน +14

      No clearer sign of decline

  • @alustin
    @alustin 4 หลายเดือนก่อน +175

    First its was Huawei, and then DJI and Tik Tok. It will be interesting to see how the American government tackle this BYD "threat".

    • @freakattack6890
      @freakattack6890 4 หลายเดือนก่อน +16

      They'll probably ban sales sooner or later.

    • @revj7397
      @revj7397 4 หลายเดือนก่อน +1

      Not really. BYD is not really in the US market yet

    • @freakattack6890
      @freakattack6890 4 หลายเดือนก่อน +16

      @@revj7397 they'll never be in the US market. They know that Tesla would be in serious trouble then 🤣

    • @SpArta_Chiraq_Nigga
      @SpArta_Chiraq_Nigga 2 หลายเดือนก่อน

      These things are happening due to hate and division in America.

    • @TouchofDepth
      @TouchofDepth หลายเดือนก่อน +3

      BYD already has an office in the USA, they also are actively supplying public transportation buses in the USA

  • @tohhanshen2905
    @tohhanshen2905 4 หลายเดือนก่อน +780

    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.

    • @moisesmpf
      @moisesmpf 4 หลายเดือนก่อน +64

      Same in Brazil

    • @ianhomerpura8937
      @ianhomerpura8937 4 หลายเดือนก่อน +29

      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.

    • @volkovkee9485
      @volkovkee9485 4 หลายเดือนก่อน +12

      lol , talked about due to their price yes, but premium no.

    • @Trekkie-md2fr
      @Trekkie-md2fr 4 หลายเดือนก่อน

      ⁠@@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.

    • @tohhanshen2905
      @tohhanshen2905 4 หลายเดือนก่อน +61

      @@volkovkee9485 ever tried sitting in one? The build quality is pretty impressive

  • @get4084
    @get4084 4 หลายเดือนก่อน +1141

    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.

    • @LW78321
      @LW78321 4 หลายเดือนก่อน

      100%
      The US government's philosophy: If you can't compete with them, then sanction and slander them

    • @SpArta_Chiraq_Nigga
      @SpArta_Chiraq_Nigga 4 หลายเดือนก่อน

      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.

    • @Spacemonkeymojo
      @Spacemonkeymojo 4 หลายเดือนก่อน

      Western mindset: Block anyone who can compete with us.
      Eastern mindset: Work hard.

    • @_Mach3
      @_Mach3 4 หลายเดือนก่อน +135

      Exactly

    • @karlosgomes1419
      @karlosgomes1419 4 หลายเดือนก่อน

      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.

  • @zhuwang5481
    @zhuwang5481 4 หลายเดือนก่อน +464

    Tesla has also enjoyed the Chinese government's support for automakers.

    • @user-lo9ph7ed1h
      @user-lo9ph7ed1h 4 หลายเดือนก่อน

      True. If Tesla hadn't built their Shanghai factory, they were probably already dead.

    • @catsilly819
      @catsilly819 4 หลายเดือนก่อน +63

      Dont tell them ,otherwise they would have not reason to console themselves😂

    • @XYZ-tx9id
      @XYZ-tx9id 4 หลายเดือนก่อน +6

      And china probably enjoyed tesla's technology

    • @iam_arnavisaha32
      @iam_arnavisaha32 4 หลายเดือนก่อน

      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!

    • @jonassong1945
      @jonassong1945 4 หลายเดือนก่อน +65

      ​@@XYZ-tx9id that's not the truth,actually the quantity of tesla's tech patents is far less than BYD (836:13000)😂

  • @stevehunter2436
    @stevehunter2436 4 หลายเดือนก่อน +665

    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.

    • @humanyoda
      @humanyoda 4 หลายเดือนก่อน +4

      Aren't BYD batteries lithium batteries?

    • @bestreviews9666
      @bestreviews9666 4 หลายเดือนก่อน +7

      I dont believe you

    • @iam_arnavisaha32
      @iam_arnavisaha32 4 หลายเดือนก่อน +2

      @@humanyoda china dont have lithium!meanwhile india with 5.0 million tonnes of litjium found last year

    • @commie5211
      @commie5211 4 หลายเดือนก่อน +5

      @@humanyodaNo, they are LIP batteries.

    • @dongshengdi773
      @dongshengdi773 4 หลายเดือนก่อน

      ​@@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.

  • @rickyay26
    @rickyay26 4 หลายเดือนก่อน +729

    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?”

    • @petronipetroni6841
      @petronipetroni6841 4 หลายเดือนก่อน +44

      Imagine if there was no one to copy from😂😂😂😂😂

    • @wilson0347
      @wilson0347 4 หลายเดือนก่อน +12

      another ten years belong to India

    • @professorxavier5527
      @professorxavier5527 4 หลายเดือนก่อน +21

      It depends entirely on the innovation of other nations. If nobody creates anything new for China to cheaply copy, then China will remain stagnant.

    • @Runemonk
      @Runemonk 4 หลายเดือนก่อน +100

      @@petronipetroni6841 Nobody cares about copying now. Yes they did it for years, but as you can see that's the smallest problem here...

    • @eraserflying760
      @eraserflying760 4 หลายเดือนก่อน

      China copy? Just search BYD YANGWANG U8, or Zeekr 001FR first please@@professorxavier5527

  • @hi4806
    @hi4806 4 หลายเดือนก่อน +538

    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.

    • @Holypaladin887
      @Holypaladin887 4 หลายเดือนก่อน

      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

    • @cathie3874
      @cathie3874 4 หลายเดือนก่อน

      Its just a beginning. There will be more that china will replace the US

    • @CripplingDuality
      @CripplingDuality 4 หลายเดือนก่อน +20

      This is mentioned 2 minutes into the video. So what value does your comment offer?

    • @59gris
      @59gris 4 หลายเดือนก่อน +124

      @@CripplingDuality Who hurt you

    • @dinggongyan9084
      @dinggongyan9084 4 หลายเดือนก่อน +70

      @@CripplingDuality video did not specifically points out the subsidies were given to all EV manufacturers including domestic manufacturers and foreign manufacturers

  • @obsidianstatue
    @obsidianstatue 4 หลายเดือนก่อน +162

    Here in Auckland New Zealand, there are more and more BYD cars on the road.

    • @ivybae9906
      @ivybae9906 4 หลายเดือนก่อน +7

      Same here in Singapore. BYD is selling like a hot cake🍰🍰🍰🎂🎂🎂🥨🥨🥨🥐🥐🥐🍮🍮🍮

    • @matthevandaalen6289
      @matthevandaalen6289 4 หลายเดือนก่อน

      Ok bot

    • @Bug-sg1li
      @Bug-sg1li 4 หลายเดือนก่อน +7

      @@matthevandaalen6289 Ya you are "Ok bot" bot, bot.

    • @surle9148
      @surle9148 3 หลายเดือนก่อน +9

      @@matthevandaalen6289 Ohhh. Are you going to cry because 'Murica isn't winning?

    • @humbleindian6303
      @humbleindian6303 3 หลายเดือนก่อน +2

      China is selling Electric Cars by force not by choice, Electric battery technology is still not developed to the point its feasible to be put into cars, there are lot of shortcomings be it Tesla or BYD, hydrogen fuel cells is the future EVs are just a stop gap 😁😁

  • @drewbledsoe2230
    @drewbledsoe2230 4 หลายเดือนก่อน +94

    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

    • @humbleindian6303
      @humbleindian6303 3 หลายเดือนก่อน +1

      China is selling Electric Cars by force not by choice, Electric battery technology is still not developed to the point its feasible to be put into cars, there are lot of shortcomings be it Tesla or BYD, hydrogen fuel cells is the future EVs are just a stop gap 😁😁

    • @aab7472
      @aab7472 3 หลายเดือนก่อน

      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.

  • @pixelsandmagic
    @pixelsandmagic 4 หลายเดือนก่อน +578

    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.

    • @blazzz13
      @blazzz13 4 หลายเดือนก่อน +21

      Where is the charging network in Zimbabwe given power cuts? Same issue in South Africa.

    • @mingtao6881
      @mingtao6881 4 หลายเดือนก่อน

      ​@@blazzz13BYD 有太阳能和储能业务,而且BYD的车可以外放电,车也作为一个储能设备

    • @Knowbody42
      @Knowbody42 4 หลายเดือนก่อน +22

      Well, a lot of the African countries have a GDP of about $12 USD

    • @Mark_Lunjie
      @Mark_Lunjie 4 หลายเดือนก่อน +11

      Who cares about Zimbabwe mate 😂😂😂 anyways both BYD and Tesla stand no chance against Toyota

    • @AlternativPerspectiv
      @AlternativPerspectiv 4 หลายเดือนก่อน +43

      Toyota? Cute. @@Mark_Lunjie

  • @GeraldoeFlavia34
    @GeraldoeFlavia34 4 หลายเดือนก่อน +234

    Here in Brazil I just brought my BYD SEAL and I love it. The technology, design and strong power in engine is amazing.

    • @hillbillyintheasia6122
      @hillbillyintheasia6122 4 หลายเดือนก่อน

      you support ccp want control the world like japan want to in ww 2.

    • @Featherface01
      @Featherface01 4 หลายเดือนก่อน +7

      You'd better write out your will.

    • @iPepy
      @iPepy 4 หลายเดือนก่อน

      A China está escravizando o Brasil e você tá só ajudando.

    • @salazarslytherinxx
      @salazarslytherinxx 4 หลายเดือนก่อน

      what engine ?

    • @demurgetroid
      @demurgetroid 3 หลายเดือนก่อน

      no engine in electric cars!@@salazarslytherinxx

  • @yamandoesstuff9755
    @yamandoesstuff9755 3 หลายเดือนก่อน +40

    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"

    • @joezhou2346
      @joezhou2346 2 หลายเดือนก่อน +4

      that is a great take

    • @user-nc6jp7pp7n
      @user-nc6jp7pp7n 2 หลายเดือนก่อน +4

      BYD should recruit you to their marketing and creative departments

    • @Anemium
      @Anemium 2 หลายเดือนก่อน +7

      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.

  • @FarahAbdul
    @FarahAbdul หลายเดือนก่อน +8

    All of a sudden Western nations are becoming protectionist when everybody caught up with them😂😂😂😂😂

  • @greenearth9945
    @greenearth9945 4 หลายเดือนก่อน +411

    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

    • @RemusKingOfRome
      @RemusKingOfRome 4 หลายเดือนก่อน

      Globalization to totally destroy western industry...

    • @greenearth9945
      @greenearth9945 4 หลายเดือนก่อน +31

      ​@@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.

    • @JigilJigil
      @JigilJigil 4 หลายเดือนก่อน

      Nice try wumao.

    • @rabbitazteca23
      @rabbitazteca23 4 หลายเดือนก่อน +3

      thanks

    • @JigilJigil
      @JigilJigil 4 หลายเดือนก่อน +3

      yo r a happy wumao.

  • @jakgats1411
    @jakgats1411 4 หลายเดือนก่อน +361

    Vertical integration, plus local suppliers means BYD can tailor country specific models and scale up faster than any other car company.

    • @JigilJigil
      @JigilJigil 4 หลายเดือนก่อน

      BYD cars are junk, the people in China call their domestic EVs as the "cars that are assembeld by saliva.

    • @rogerstarkey5390
      @rogerstarkey5390 4 หลายเดือนก่อน +21

      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.
      .

    • @tooltalk
      @tooltalk 4 หลายเดือนก่อน

      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.

    • @reivell3699
      @reivell3699 4 หลายเดือนก่อน +24

      Europe and USA be like "NOOO don't sell affordable car!!"

    • @petronipetroni6841
      @petronipetroni6841 4 หลายเดือนก่อน

      😂

  • @kevinj2261
    @kevinj2261 4 หลายเดือนก่อน +160

    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.

    • @ziwer1
      @ziwer1 4 หลายเดือนก่อน +23

      He has a team of smart people around him by now. They do their homework really well.

    • @CulturalXplorer19
      @CulturalXplorer19 4 หลายเดือนก่อน +53

      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.

    • @bruceyung70
      @bruceyung70 4 หลายเดือนก่อน +12

      Nobody called it a junk stock even back then. They were not small but already gigantic global battery maker.

    • @mujur9101
      @mujur9101 4 หลายเดือนก่อน +6

      Not only Buffet. Black Rock also has share in BYD. 😅😅😅

    • @waynerussell6401
      @waynerussell6401 4 หลายเดือนก่อน

      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.

  • @Victorhco1
    @Victorhco1 4 หลายเดือนก่อน +273

    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.

    • @arcabuz
      @arcabuz 4 หลายเดือนก่อน

      You’ll be owned by Chinese

    • @karlosgomes1419
      @karlosgomes1419 4 หลายเดือนก่อน +4

      Super popular? You are lying!

    • @kenho-wr5ul2rh7m
      @kenho-wr5ul2rh7m 4 หลายเดือนก่อน +18

      @@karlosgomes1419 he gave the data, best selling EV in 2023, and 2nd position in EV+hybrid
      how is this not defined as popular?????????

    • @karlosgomes1419
      @karlosgomes1419 4 หลายเดือนก่อน +1

      @@kenho-wr5ul2rh7m data? How many? The sale of electric vehicles in Brazil is very small.

    • @iam_arnavisaha32
      @iam_arnavisaha32 4 หลายเดือนก่อน

      @@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

  • @chopinmack5418
    @chopinmack5418 4 หลายเดือนก่อน +230

    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 .

    • @danielchua1713
      @danielchua1713 4 หลายเดือนก่อน +86

      China is already the largest car manufacturer and exporter in the world. 😂

    • @H1kari_1
      @H1kari_1 4 หลายเดือนก่อน

      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.

    • @Western_Decline
      @Western_Decline 4 หลายเดือนก่อน

      China will be a Chinese company soon.

    • @bl5608
      @bl5608 4 หลายเดือนก่อน +23

      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 .

    • @dicksontong6498
      @dicksontong6498 4 หลายเดือนก่อน +20

      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......

  • @azonesuperdia
    @azonesuperdia 4 หลายเดือนก่อน +68

    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.

    • @tren133
      @tren133 4 หลายเดือนก่อน +9

      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.

    • @jimdon7377
      @jimdon7377 4 หลายเดือนก่อน +3

      not surprised, it's Thailand not California!

    • @ChinaStats
      @ChinaStats 4 หลายเดือนก่อน +5

      The climate of a Southeast Asian country like Thailand is best suited for electric cars, and the country's air pollution is getting worse.

  • @ekarata.361
    @ekarata.361 3 หลายเดือนก่อน +53

    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.

  • @sodazman
    @sodazman 3 หลายเดือนก่อน +11

    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.

  • @wcsun5050
    @wcsun5050 4 หลายเดือนก่อน +544

    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
      @finn2020 4 หลายเดือนก่อน +12

      Please subsidize BYD prices in SEA. 🤤

    • @wcsun5050
      @wcsun5050 4 หลายเดือนก่อน +49

      @@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.

    • @finn2020
      @finn2020 4 หลายเดือนก่อน

      @@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.

    • @mousumimishra4741
      @mousumimishra4741 4 หลายเดือนก่อน +48

      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

    • @SVEVelsen
      @SVEVelsen 4 หลายเดือนก่อน +44

      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...

  • @alimfuzzy
    @alimfuzzy 4 หลายเดือนก่อน +131

    Ive actually started to see BYD cars popping up in Australia.

    • @buravan1512
      @buravan1512 4 หลายเดือนก่อน +24

      Soon they will be made in MEXICO... and the AMERICANS will buy them in millions.

    • @echomain-gm9nr
      @echomain-gm9nr 4 หลายเดือนก่อน +15

      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.

    • @eafna23fc55
      @eafna23fc55 4 หลายเดือนก่อน +4

      @@echomain-gm9nrTesla compare with China car is cheap .😅I m Chinese from shenzhen. Byd dji huawei city

    • @loremasteringwion9930
      @loremasteringwion9930 4 หลายเดือนก่อน +6

      @@eafna23fc55 BYD is a poor quality car that catches fire and breaks down easily. Chinese cars are very poor quality

    • @1HeatWalk
      @1HeatWalk 4 หลายเดือนก่อน +10

      @@loremasteringwion9930 Tesla model 3 most popular EV in US long range version is built in China.

  • @guilhermetavares4705
    @guilhermetavares4705 4 หลายเดือนก่อน +47

    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.

  • @nshadow888
    @nshadow888 3 หลายเดือนก่อน +12

    BYD popular is not just pricing, but the vehicle itself is more interesting than Tesla.

  • @shuaige3360
    @shuaige3360 4 หลายเดือนก่อน +76

    Congratulation BYD and China.
    Hard work pays

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +4

      Here is your 10 cents from winnie Xi 🐹 Excellent work may the party endure 1000 years!

    • @phillyleotardo4343
      @phillyleotardo4343 4 หลายเดือนก่อน

      I support u bro@@dazm901

    • @walhdamaskus2408
      @walhdamaskus2408 4 หลายเดือนก่อน

      Not only hard work, also their pragtical and wise mindset.

    • @walhdamaskus2408
      @walhdamaskus2408 4 หลายเดือนก่อน +13

      ​@@dazm901, 😂😂😂 some american seem to had loose his job because of chinese. Just keep ur 10 sent, u will need it more.

    • @MrLunithy
      @MrLunithy 4 หลายเดือนก่อน

      Yep gotta fill up those empty fields with something.

  • @LW78321
    @LW78321 4 หลายเดือนก่อน +73

    Congratulations to BYD! I see many ATTO3 here in Melbourne. The Seal just launched here too

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +3

      Here is your 10 cents from winnie Xi 🐹 Excellent work may the party endure 1000 years!

    • @chendavid8359
      @chendavid8359 4 หลายเดือนก่อน +18

      @@dazm901 someone is triggered lol

    • @dazm901
      @dazm901 4 หลายเดือนก่อน

      @@chendavid8359 Yes Mr Chen you sure are.

    • @iam_arnavisaha32
      @iam_arnavisaha32 4 หลายเดือนก่อน +1

      @@chendavid8359 thats you!

    • @dazm901
      @dazm901 4 หลายเดือนก่อน

      @@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.

  • @ziqueez
    @ziqueez 4 หลายเดือนก่อน +178

    I was traveling and half of the ride share cars were BYDs. And honestly, I was very impressed by the quality.

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +9

      Here is your 10 cents from winnie Xi 🐹 Excellent work may the party endure 1000 years!

    • @awaiskhan9329
      @awaiskhan9329 4 หลายเดือนก่อน +36

      ​@@dazm901 don't cry

    • @dazm901
      @dazm901 4 หลายเดือนก่อน

      @@awaiskhan9329
      Here is your 10 cents from winnie Xi 🐹 Excellent work may the party endure 1000 years!

    • @dazm901
      @dazm901 4 หลายเดือนก่อน

      @@awaiskhan9329 Hi there byd marketing department staff member 🤡

    • @user-jg9pe4el8e
      @user-jg9pe4el8e 4 หลายเดือนก่อน +7

      ​@@dazm901Did you cry?😂

  • @CR7Siuuu007
    @CR7Siuuu007 3 หลายเดือนก่อน +36

    Here in NEPAL 🇳🇵 BYD is a revolution to be honest. Waiting for there premium SEAL to lunch officially ❤

  • @zhouleen9326
    @zhouleen9326 4 หลายเดือนก่อน +38

    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
      @omar12390 4 หลายเดือนก่อน

      Huawei makes EVs??

    • @muddaboosheet847
      @muddaboosheet847 4 หลายเดือนก่อน +1

      ​@@omar12390idk about Huawei but Xiaomi does

    • @iupring
      @iupring 4 หลายเดือนก่อน +1

      @@omar12390 Huawei Aito M9

    • @zhouleen9326
      @zhouleen9326 4 หลายเดือนก่อน

      @@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.

    • @-JustHuman-
      @-JustHuman- 4 หลายเดือนก่อน +2

      Chinese brands would be everyone last choice even Chinese. All those videos of Chinese EV's burning in the streets of China is horrible.

  • @wataruik2244
    @wataruik2244 4 หลายเดือนก่อน +33

    BYD owner myself is happy with my car.

  • @edh8429
    @edh8429 4 หลายเดือนก่อน +46

    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.

    • @jeffjones114
      @jeffjones114 2 หลายเดือนก่อน +1

      Yes, Buffet sold some but he still has billions of dollars in it...

    • @shineluvslambiel
      @shineluvslambiel หลายเดือนก่อน

      He already rode the big rise and made tens of billion 😊

  • @ZLL668
    @ZLL668 3 หลายเดือนก่อน +8

    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.

  • @captaingrizzly9511
    @captaingrizzly9511 4 หลายเดือนก่อน +44

    I really hope that the US and China can find a path to peace. These geopolitical differences need to be solved so that we can work together.

    • @ravirajpandya8291
      @ravirajpandya8291 4 หลายเดือนก่อน

      Can't possible logically.😅

    • @captaingrizzly9511
      @captaingrizzly9511 4 หลายเดือนก่อน +1

      @@ravirajpandya8291 war it is!

    • @drflat9223
      @drflat9223 4 หลายเดือนก่อน

      @@captaingrizzly9511 war with water missiles. lol China is gonna bring a water gun to a gun fight.

    • @Raksasaification
      @Raksasaification 3 หลายเดือนก่อน +8

      ​@@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.

    • @ravirajpandya8291
      @ravirajpandya8291 3 หลายเดือนก่อน +1

      @@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 .

  • @BlissOn47
    @BlissOn47 4 หลายเดือนก่อน +101

    I hadn’t even heard of BYD a few months ago and now it’s everywhere. Great job done by BYD.

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +8

      Here is your 10 cents from winnie Xi 🐹 Excellent work may the party endure 1000 years!

    • @sarmadsadiqe4424
      @sarmadsadiqe4424 4 หลายเดือนก่อน +6

      @@dazm901 YEAH SURE!!.BUT WILL YOUR FAVOURITE ENDURE THAT MUCH OR WILL THEY VANISH.

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +1

      ​@@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
      @nleo5351 4 หลายเดือนก่อน +27

      @@dazm901 OK CIA BOT. Chill

    • @iam_arnavisaha32
      @iam_arnavisaha32 4 หลายเดือนก่อน +1

      @@nleo5351 CIA is the first line of defense for the United States. We collect and analyze intelligence to further national security and preempt threats.

  • @KENZOkm
    @KENZOkm 4 หลายเดือนก่อน +114

    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!

    • @hillbillyintheasia6122
      @hillbillyintheasia6122 4 หลายเดือนก่อน

      you support ccp want control the world like japan want to in ww 2.

    • @indiasuperclean6969
      @indiasuperclean6969 3 หลายเดือนก่อน +2

      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 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳

  • @itsjustpersonalizedviews
    @itsjustpersonalizedviews 4 หลายเดือนก่อน +34

    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 ) .

    • @josephsun9142
      @josephsun9142 4 หลายเดือนก่อน +14

      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

    • @deepseer
      @deepseer 4 หลายเดือนก่อน +2

      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.

    • @itsjustpersonalizedviews
      @itsjustpersonalizedviews 4 หลายเดือนก่อน +4

      @@deepseer may be but I had 3 cars till now , out of all 3 my best purchase was byd seal. I'm happy with my purchase.

    • @luckyh1217
      @luckyh1217 4 หลายเดือนก่อน +5

      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.

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +1

      Here is your 10 cents from winnie Xi 🐹 Excellent work may the party endure 1000 years!

  • @rauloropeza_
    @rauloropeza_ 4 หลายเดือนก่อน +46

    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...

    • @Spacemonkeymojo
      @Spacemonkeymojo 4 หลายเดือนก่อน

      American companies: We make products for White people only.
      Chinese companies: We make products for everyone.

    • @matthevandaalen6289
      @matthevandaalen6289 4 หลายเดือนก่อน

      Ok bot

    • @david50665
      @david50665 4 หลายเดือนก่อน +13

      @@matthevandaalen6289 everyone is a bot unless they reflexively spout anti-china slogans...o wait maybe ur the real bot

    • @DarkKnight-dk3bf
      @DarkKnight-dk3bf 4 หลายเดือนก่อน +7

      ​@@matthevandaalen6289 cope harder . Tesla a## kisser

    • @rioluna6058
      @rioluna6058 3 หลายเดือนก่อน +4

      ​@@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

  • @louistech112
    @louistech112 4 หลายเดือนก่อน +26

    Hold on 10k entry price how can I get one omg

  • @xiaoyunchen8337
    @xiaoyunchen8337 4 หลายเดือนก่อน +16

    i hope i can buy a BYD here at Michigan soon!!! there're just too many Tesla around and it'll be a lot cooler to drive a BYD !

    • @david50665
      @david50665 4 หลายเดือนก่อน +1

      not really u would be labelled and stigmatized as 50 cents or worse wumao

    • @lionemessithegoat
      @lionemessithegoat 3 หลายเดือนก่อน

      ​@@david50665ok Brandon dog

  • @walden6272
    @walden6272 4 หลายเดือนก่อน +16

    Test drive the BYD Seal and you will forget about the Model 3.

    • @bpeng2000
      @bpeng2000 3 หลายเดือนก่อน

      Tesla is behind BYD in the Chinese market. Imagine how much market share will tesla lose if the US government lifts its floodgate for Chinese EVs.

  • @bsdpowa
    @bsdpowa 4 หลายเดือนก่อน +10

    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...

  • @Joel-bh5xd
    @Joel-bh5xd 4 หลายเดือนก่อน +60

    Proud owner of a BYD in Mexico. All other brands wanted 50% more $ for an EV. (And Mini wanted $5k more for a very small EV and a third of the range of my Yuan Plus/Atto 3)

    • @parvindersingh9781
      @parvindersingh9781 4 หลายเดือนก่อน +2

      BYD CHEAP IN QUALITY INDIA KICK OUT BYD , TO INVEST IN INDIA

    • @Andromeda365
      @Andromeda365 4 หลายเดือนก่อน +28

      ​@@parvindersingh9781 slow down with sniffing the curry power kumar.

    • @JigilJigil
      @JigilJigil 4 หลายเดือนก่อน +2

      And I am a proud owner of BYD in Mars, man you wumaos are the best.

    • @jimdon7377
      @jimdon7377 4 หลายเดือนก่อน +1

      get what you pay for!

    • @reginald7214
      @reginald7214 4 หลายเดือนก่อน

      ​@@Andromeda365😂😆

  • @ridhwanasri5913
    @ridhwanasri5913 4 หลายเดือนก่อน +5

    In Malaysia BYD cost 60k while Tesla 199k. See the price different when both basically car run on electric.

  • @sunshinesun121
    @sunshinesun121 3 หลายเดือนก่อน +15

    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.

  • @ericwang794
    @ericwang794 หลายเดือนก่อน +3

    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.

  • @theredbar-cross8515
    @theredbar-cross8515 4 หลายเดือนก่อน +157

    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 😂

    • @sensean693
      @sensean693 4 หลายเดือนก่อน +40

      😂🤣😅👍

    • @nmew6926
      @nmew6926 4 หลายเดือนก่อน

      Gordon Chang is a paid agent of Beijing. His book " The coming collapse of China" made US complacent for 15 years. He should be jailed in US prison.

    • @zoeyelh
      @zoeyelh 4 หลายเดือนก่อน +42

      serpentza and laowhy as well. they've spoken a lot about chinese evs

    • @vegamoonlight
      @vegamoonlight 4 หลายเดือนก่อน +41

      😂😂😂😂😂😂😂😂😂😂
      You mentioned the Clowns. You keep on saying China will collapse. But it is rising and rising!!!!

    • @JigilJigil
      @JigilJigil 4 หลายเดือนก่อน +10

      We have a wumao party here.

  • @seymorefact4333
    @seymorefact4333 4 หลายเดือนก่อน +55

    🤩😘 I WANT BYD, ZEEKR, NIO, GEELY, HUAWAI, XPENG, ETC....more competition means better price and innovations to be sold in the USA!

    • @KRISH57676
      @KRISH57676 4 หลายเดือนก่อน +12

      Xiaomi too !!!

    • @captives6479
      @captives6479 4 หลายเดือนก่อน +4

      No Huawei, no Chinese EVs, no nothing for you Americans except Tesla and GM.....and Vietnam's VINFAST.

    • @Mark_Lunjie
      @Mark_Lunjie 4 หลายเดือนก่อน +1

      Wumao mate 😂😂😂😂😂

    • @John_Doe448
      @John_Doe448 4 หลายเดือนก่อน +6

      ​@@Mark_Lunjiehe's advocating for a better US future.. Are you blind?

    • @JoeWanjara
      @JoeWanjara 4 หลายเดือนก่อน +4

      And I am convinced Avatar 12 is currently at the top

  • @rajanacharya1135
    @rajanacharya1135 4 หลายเดือนก่อน +3

    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.

  • @Baker_Joker
    @Baker_Joker หลายเดือนก่อน +1

    Bloomberg is sneaky by the reason order. The vertical integration is the most important factor. BYD also has the most advanced battery tech and it supply to TESLA.
    In terms of subsidy, Tesla is subsided by both China and US. However, BYD is completely prohibited by US.

  • @JalaRue-vg5cy
    @JalaRue-vg5cy 4 หลายเดือนก่อน +15

    We have gone through Planes .. Trains .. and now it's AUTOMOBILES ..

  • @JFKennedy-wy5ez
    @JFKennedy-wy5ez 4 หลายเดือนก่อน +11

    They are also in Cuba. There a lot of Chinese cars in Cuba

  • @stidweb
    @stidweb 4 หลายเดือนก่อน +4

    In Germany BYD New Atto 3 starts from 44.625 € with tax. It's more or less the same as tesla model 3 (starts from 42.990 €)

    • @david50665
      @david50665 4 หลายเดือนก่อน +3

      seems like some unfair tarrif were added to propped up the local industry

    • @williamppl3624
      @williamppl3624 3 หลายเดือนก่อน

      Yes but Europe is trying very hard to not let China car market in Europe. Once China enter your market, its done. Most people will buy Chinas products.

  • @As1fAhmad
    @As1fAhmad 4 หลายเดือนก่อน +44

    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.

    • @JoshuaMcTackett
      @JoshuaMcTackett 4 หลายเดือนก่อน +13

      Byd isn’t 100% electric. They make plenty of HEVs and PHEVs. They’re making more and more pure electric cars though

    • @MrLunithy
      @MrLunithy 4 หลายเดือนก่อน +1

      Shame most are just parked in a vacant lot.

  • @sigmamale6128
    @sigmamale6128 3 หลายเดือนก่อน +3

    the most explosive car brand you've ever heard of

  • @satanlucifer7363
    @satanlucifer7363 3 หลายเดือนก่อน +3

    Ever since I trade my Tesla for Being Your Dream (BYD)
    My life has never been thesame ,
    Confort,reliable and happy while driving my dream

  • @hugoytb194
    @hugoytb194 หลายเดือนก่อน

    the multiple audio tracks is an excellent idea, very welcome. congratulations for the initiative; I'm from Brazil and I really liked the content; which I could only like because of the appropriate language. once again: congratulations

  • @peteramey9385
    @peteramey9385 4 หลายเดือนก่อน +109

    BYD sold more EV's in Q4 than Tesla did, but for the whole year BYD sold 1.6 Million EV's compared to Tesla's 1.8 Million EV's

    • @greenearth9945
      @greenearth9945 4 หลายเดือนก่อน +20

      I think BYD will take the throne this year and the following couple of years after and maybe Tesla could regain it when their 25K car is in full production.
      Tesla have been slow though the last couple of years.

    • @KRISH57676
      @KRISH57676 4 หลายเดือนก่อน +48

      Do remember that Tesla itself uses BYD blade batteries in model Y.

    • @greenearth9945
      @greenearth9945 4 หลายเดือนก่อน +10

      @@KRISH57676 I know, BYD actually started producing batteries before EVs so they have an edge. I own a tesla with the BYD blade battery which has a very flat charging curve which is nice.

    • @KRISH57676
      @KRISH57676 4 หลายเดือนก่อน

      @@greenearth9945
      Haha 😄, you R so knowledgeable man. I read your comments and I could genuinely sense your excitement in the comments.
      Edit : Srry, if you think my comment is somehow negative.

    • @IamHandsome4u
      @IamHandsome4u 4 หลายเดือนก่อน +3

      Remember byd has just started being serious abt its cars, they hv not even explored the outer market properly yet, in next 5 years there would be no one beating them.

  • @seymorefact4333
    @seymorefact4333 4 หลายเดือนก่อน +4

    🤨 TESLA, GM, FORD, ETC received over $400 billion from govt subsidize through subsidize, federal credits from American Recovery and Reinvestment and Inflation Reduction Act.

  • @dovfriedman921
    @dovfriedman921 4 หลายเดือนก่อน +21

    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

    • @reginald7214
      @reginald7214 4 หลายเดือนก่อน +1

      Hope you are staying safe. Glad to hear about the car experience. We won't get them in the USA for a while I don't think.

    • @dovfriedman921
      @dovfriedman921 4 หลายเดือนก่อน +1

      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.

    • @reginald7214
      @reginald7214 4 หลายเดือนก่อน

      @@dovfriedman921 ooh, that's great news.

    • @Chris-im8tm
      @Chris-im8tm 4 หลายเดือนก่อน

      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

    • @Rex-ww4cw
      @Rex-ww4cw 4 หลายเดือนก่อน +2

      ​@@dovfriedman921from what I know currently, BYD only make public transportation in the US

  • @pianoforest5815
    @pianoforest5815 4 หลายเดือนก่อน +12

    I really hope they could bring BYD into North American market soon. Cars nowadays are just less affordable.

    • @jule1536
      @jule1536 4 หลายเดือนก่อน +4

      The US gov banned all chinese cars

    • @david50665
      @david50665 4 หลายเดือนก่อน

      @@jule1536 china has unfair trade practices...whereas america is the nice guy in the block they simply bans the competition

    • @saberwang1356
      @saberwang1356 3 หลายเดือนก่อน +3

      Canada will have BYD soon, US idk ask the next President...

  • @sam00241
    @sam00241 3 หลายเดือนก่อน +5

    Expect the US to announce BYD as a national security threat and rest of the west loyally follow it. 😂😂😂

  • @JAM_2024
    @JAM_2024 4 หลายเดือนก่อน +18

    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

    • @dazm901
      @dazm901 4 หลายเดือนก่อน +13

      Um but they are Panasonic batteries in Teslas. Elon's never made a battery, just the factories Panasonic uses.

    • @htimsid
      @htimsid 4 หลายเดือนก่อน

      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

    • @a.m.4049
      @a.m.4049 3 หลายเดือนก่อน

      No human rights can do that for a country.

    • @user-yq2by9jq7y
      @user-yq2by9jq7y 3 หลายเดือนก่อน +2

      特斯拉并没有任何电池核心技术 而且也灭有自己的电池工厂

  • @gyahoo
    @gyahoo หลายเดือนก่อน +1

    Another advantage with cost is that BYD can go all in with its design also in cars where it can provide a great car design similar to Tesla in a very cheap price.

  • @cyber_steve
    @cyber_steve 3 หลายเดือนก่อน +4

    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.

    • @Noonehere007
      @Noonehere007 3 หลายเดือนก่อน

      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

  • @user-lc9pb2fl6r
    @user-lc9pb2fl6r 3 หลายเดือนก่อน +3

    It has actually become quite popular here, in Uzbekistan. It's a hot topic really and I see it pretty much everywhere these days. )

  • @jmans4928
    @jmans4928 2 หลายเดือนก่อน +3

    If they were talking about something in the west they would say, "Affordable" but talking about Chinese goods they say "Cheap".

    • @s._3560
      @s._3560 9 วันที่ผ่านมา

      IKR, insufferably arrogant.

  • @Unit-ep2eg
    @Unit-ep2eg 4 หลายเดือนก่อน +2

    Wow. Never heard of it until now and I like what I’m seeing.😯

  • @tonywei423
    @tonywei423 2 หลายเดือนก่อน

    BYD covers all range now, under different badge, the high end Yangwang U8 delivered 4600 for the last 3 month with $160000 each unit, and the order number around 1600 per month. U9 super car announced two weeks ago at $260000 per unit deliver in the middle of the year.

  • @adem5762
    @adem5762 3 หลายเดือนก่อน +3

    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..

  • @paul_london
    @paul_london 4 หลายเดือนก่อน +11

    I'm genuinely impressed that Tesla almost matches BYD price point, given the cost of labour is like 5 times more expensive for Tesla.

    • @waynerussell6401
      @waynerussell6401 4 หลายเดือนก่อน +2

      Tesla leads in automation, factory design, engineering and ROIC. The Model 3 costs a third less to make now than in 2019.

    • @Modern_CarWorld
      @Modern_CarWorld 4 หลายเดือนก่อน +17

      All made in China. So there is no different for labor cost.

    • @William_Fei
      @William_Fei 4 หลายเดือนก่อน

      true😂

    • @William_Fei
      @William_Fei 4 หลายเดือนก่อน +1

      ​@@Modern_CarWorldNot all of them, I think. Their factory in Shanghai only produce some of their models, not all of them.

    • @Modern_CarWorld
      @Modern_CarWorld 4 หลายเดือนก่อน +2

      @@William_Fei Only Cybertruck that did not produce in China. Other models are produced in China. The Battery Cost from CALT make Tesla more expensive.

  • @SuperSkandale
    @SuperSkandale 4 หลายเดือนก่อน +7

    the car brand that catches fire. Yeah I've heard of it.

    • @akirayagami4226
      @akirayagami4226 4 หลายเดือนก่อน +2

      As if like tesla doesn't😅

  • @turningnull2538
    @turningnull2538 4 หลายเดือนก่อน +3

    Anyone knows their crazy car BYD U8?

  • @rogersliu1200
    @rogersliu1200 4 หลายเดือนก่อน +4

    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.

  • @shubhamtiwari9377
    @shubhamtiwari9377 4 หลายเดือนก่อน +3

    byd is not selling their cars in india....ut you have shown the pressence in india in graph @ 6:38 min..Please explain

  • @yashlad4438
    @yashlad4438 2 หลายเดือนก่อน +1

    That's why Congress wants to investigate Chinese EVs for surveillance threats as if companies in US don't do that?

  • @kwaitefuni9152
    @kwaitefuni9152 4 หลายเดือนก่อน +1

    What's foreign EV infrastructure like?
    Does BYD do infrastructure as well?

  • @Gepap3
    @Gepap3 4 หลายเดือนก่อน +6

    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.

    • @amunra5330
      @amunra5330 4 หลายเดือนก่อน

      Oh okay..................

  • @user-gv6ul6ol4z
    @user-gv6ul6ol4z 3 หลายเดือนก่อน +4

    Now BYD so Popular in our Country people love it BYD EV cars

  • @soothsayer2406
    @soothsayer2406 2 หลายเดือนก่อน +2

    Merica is soooooo scared....oohhhhhh

  • @kristoftarnay8067
    @kristoftarnay8067 4 หลายเดือนก่อน +4

    Their first European factory will be built at Szeged, Hungary. (Which is a lovely city btw)

  • @lord_of_love_and_thunder
    @lord_of_love_and_thunder 4 หลายเดือนก่อน +52

    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.

    • @sunnydaysddt2068
      @sunnydaysddt2068 4 หลายเดือนก่อน +33

      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
      @JigilJigil 4 หลายเดือนก่อน +5

      All Chinese EVs run literally on coal and it's not going to change as China is doubling down on coal plants to provide for all those EVs.

    • @Alamak2070
      @Alamak2070 4 หลายเดือนก่อน

      Lobbyists from the oil and gas industry are the backbone of many America politicans

    • @frankreynolds9930
      @frankreynolds9930 4 หลายเดือนก่อน

      @@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.

    • @chrisbarbera4121
      @chrisbarbera4121 4 หลายเดือนก่อน +8

      Gas cars will be a thing of past. Car companies are converting to Electric

  • @dimsumden5745
    @dimsumden5745 4 หลายเดือนก่อน +3

    Waiting for BYD CEO daughter being arrested

  • @charlieloo2470
    @charlieloo2470 2 หลายเดือนก่อน +1

    BYD is not just the manufacturer but the supply chain itself.

  • @cooldamee
    @cooldamee หลายเดือนก่อน +1

    Ethiopia has recently banned fuel truck entry, only allowing electric cars. This brings a market opportunity for Chinese automakers.

  • @fridayinlove
    @fridayinlove 4 หลายเดือนก่อน +3

    The five stages of grief begins with denial. And I see a lot of that here

  • @seanhepner7813
    @seanhepner7813 4 หลายเดือนก่อน +11

    The big 3 automakers are toast 😂

    • @JigilJigil
      @JigilJigil 4 หลายเดือนก่อน

      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.

  • @hsingchen321
    @hsingchen321 4 หลายเดือนก่อน +1

    Correction of error: the SSB made by QuantumScape tested by VW ran more than 500,000 Km, not 50,000 Km.

  • @ronaldgarrison8478
    @ronaldgarrison8478 4 หลายเดือนก่อน +1

    I don't see anyone giving a fair comparison, which would be something like total revenue, on EVs, from passenger cars. (Although in this video they do say the average BYD is about 1/2 the cost of a Tesla.) If the BYD figure includes buses and ICE cars, that might be useful for some purposes, but it's not relevant to "overtaking."

  • @YouTubeHandleUnknown
    @YouTubeHandleUnknown 4 หลายเดือนก่อน +3

    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!

  • @gr8bkset-524
    @gr8bkset-524 4 หลายเดือนก่อน +4

    Most Chinese workers don't drive cars and their housing costs are relatively low. That's how they have a decent living standards on low wages. In America, EVERYONE drive cars and our housing costs are through the roof, so our labor cost must also be high.

    • @cool_things_collection
      @cool_things_collection 2 หลายเดือนก่อน

      Also the cost of public transportation in China is insane, with bus fares just 1 CNY ($0.15) and subway tickets ranging from 2 to 6 CNY. Moreover, their subway system surpasses any found in the United States in terms of quality and efficiency.

    • @user-wy5sn9xh9g
      @user-wy5sn9xh9g หลายเดือนก่อน

      I’m a worker of China Chang‘an Group. Chinese workers don’t drive? This is the funniest joke I‘ve ever heard. The parking lot is our problem, because there are really too many cars in China now.

    • @user-wy5sn9xh9g
      @user-wy5sn9xh9g หลายเดือนก่อน

      And the house I bought in 2006. The house is quite small. Now it is worth about 400,000 yuan. In the suburbs of cities in western China, is the cost of such housing low? Most of our workers‘ houses are about 700,000 to 1 million yuan.

  • @gobanito
    @gobanito 2 หลายเดือนก่อน +2

    Where can I buy one?

  • @peppeddu
    @peppeddu 3 หลายเดือนก่อน +1

    7% more of vertical integration (Tesla 68%, BYD 75%) cannot possibly explain a 50% price reduction of their cars (or $22,000).
    Something else must be going on that we don't know about.

    • @YunLuoShanZe
      @YunLuoShanZe 3 หลายเดือนก่อน +2

      China has a complete industrial chain, so that the parts required by car companies do not need to be purchased overseas, thus reducing tariffs and transportation costs.

  • @pierpokky2250
    @pierpokky2250 4 หลายเดือนก่อน +57

    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.

    • @Nas_Atlas
      @Nas_Atlas 4 หลายเดือนก่อน +2

      Remains to be seen whether Tesla's new Model 2 can bridge this final gap.

    • @juliahello6673
      @juliahello6673 4 หลายเดือนก่อน +5

      EVs fo not degrade faster. They probably last at least twice as long as internal combustion engine vehicles.

    • @santostv.
      @santostv. 4 หลายเดือนก่อน

      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

    • @bobsmith3983
      @bobsmith3983 4 หลายเดือนก่อน

      @@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.

    • @bobsmith3983
      @bobsmith3983 4 หลายเดือนก่อน

      @@santostv. EV's are not for everyone's use case. ICE automobiles will be around for a long time especially in the Americas.

  • @sandeepraiphotography2111
    @sandeepraiphotography2111 4 หลายเดือนก่อน +7

    I remember seeing BYD cars in Shenzhen back in 2004 when I lived there. It’s come a long way since.

  • @chendaddy
    @chendaddy 4 หลายเดือนก่อน +2

    I'm curious, what is the EV market actually like in North America? I'm moving back from China to NA later this year, and one of the things I'm not looking forward to is needing to buy a new car. I want an EV, but whereas there is a vast array of affordable options in China, my perspective of the EV market in NA is that my options are basically Tesla, traditional automakers that treat their EVs like supplemental products, and then a bunch of niche brands that will cost me $80-90k USD. Am I totally off?

    • @freemagicfun
      @freemagicfun 4 หลายเดือนก่อน

      EVs are still a bit of a niche market in the US. We love our gas guzzling land yachts. Hybrids are doing ok, but are ridiculously priced.

    • @dazm901
      @dazm901 4 หลายเดือนก่อน

      @@freemagicfun Dude it's a Xi bot, please don't encourage them. Just read the usernames, they are easy to spot. They get paid 10 cents for every reply in youtube comment sections. The only way to stop them is to ignore them or mention Winnie the pooh. Thanks.

    • @darrellgorsuch5599
      @darrellgorsuch5599 2 หลายเดือนก่อน

      that's accurate

  • @regolith1350
    @regolith1350 27 วันที่ผ่านมา +1

    Given the enormous market-distorting levels of government funding BYD has received, they're basically a State-owned enterprise, and should be treated as such.