The Tesla Competitor Dominating China’s EV Market | WSJ U.S. vs. China

Elon Musk's Tesla is facing pressure in China from the country’s top electric-vehicle company BYD, backed by Warren Buffett.

WSJ unpacks the business and manufacturing strategy of BYD and Tesla to uncover what the competition in China reveals about the race to own the global EV space.

Photo Illustration: Mike Cheslik

0:00 China-based BYD has closed in on Tesla’s share of the Chinese EV market
0:47 Tesla vs. BYD’s business strategies
2:58 Tesla vs. BYD’s battery tech
5:22 Tesla vs. BYD’s EV manufacturing capabilities
6:51 What this means for the future of the global EV market

U.S. vs. China
This original video series explores the rivalry between the two superpowers’ competing efforts to develop the technologies that are reshaping our world.

#Tesla #ElonMusk #WSJ

[kngharv]

The reason BYD is not in the US yet is not because the lack of infracture. BYD is reluctant because its success in the US may end up getting the "Huawei" treatment and being sanctioned to oblivion due to "national security" concern.

[Batman..]

Just got delivery of my BYD Atto 3 here in the Netherlands 🇳🇱 and I am just loving it every moment.

[sandrachivel]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich

[William]

BYD is doing electric buses in my hometown, Campinas, Brazil (1.2 Million people). Most of then for the public transit system. Great having tem here

[timetraveller]

BYD's Yangwang U8 is on whole another level. It's way more expensive than the most expensive Tesla model. Yangwang U8 is basically a tank. it has 1100hp. it can make a u-turn on its own. it can drive in water.

[shanghainewbison]

BYD uses the blade battery technology not because it is cheap, but because it is safer.

[Qwuiet]

“Made in China” no longer means “copycat” and “bad quality”. The times have changed. We need to stay up to date and not hang on to our prejudices.

[babyyoda]

Don't worry. We can just ban or sanction any company if they are too successful.

[elroymatekwa]

in my home country Kenya, BYD is already making inroads in the public transit system. They have more than doubled their sales in the last two years while developing charging infrastructure....with talks of setting up mass transit In the capital, I think BYD will be the best positioned entity to win supply contracts in east Africa's economic hub

[shenliu]

I bought a BYD hybrid plugin SUV two months ago, it's awesome to drive. The gasoline is for charging the battery by the engine, not directly drive the car. 5L gasoline for 100km.It's smooth, luxurious with entertainment equipment.

[elvismark]

is it a good time to buy stocks right now? How long will it take for us to recover? I know everyone claims that equities are now inexpensive. Although there are tactics to be applied in this market, the common person cannot access these strategies. Would I be better off investing my money somewhere else?

[FinancialShinanigan]

No wonder Charlie Munger said BYD was his best investment

[isaacl]

Remember Tesla reducing its prices about a month ago? This is most likely due to the competition pressure from brands like byd
This is a necessity for us because it curbs the ability for these companies to keep raising prices unchecked
Hope the American EV market keeps getting more competitive

[TheRealIronMan]

The world is changing fast, 20 years ago even just the idea of China having an automobile manufacturing industry would have been laughable, now it has the most cut throat and competitive one in the world with so many Chinese local brands just constantly fight for top spots.

[kl]

Americans still don't know that there is a bigger world out there.
Chinese affordable products are aimed at developing countries. Which is 10x the American market.

[jefm]

BYD is the one that making progress quietly instead of making hype like Neo

[immi]

BYD is selling in Europe now, here in Netherlands and Norway there are quite a few chinese cars on the roads now

[andromedach]

If Tesla will have a problem with BYD just imagine companies like Ford, GM, Stellantis, BMW, Mercedes, and VW, difficulty facing the same

[zhli]

China is now world’s largest market for EVs as presented. It’s bigger than the rest of world combined. Then, all EV makers want to sell in China. Most Americans still live in the sentiment of “not buying Chinese”. The urgent need is actually to accelerate EV market in the US, not worrying about BYD.

[will]

Wondering why the U.S haven’t started sanction BYD for national security reasons 😂