How BYD killed Tesla! But can they stay on top?

From laughter to dominance: How BYD went from being ridiculed by Elon Musk to outselling Tesla in electric vehicles worldwide. Follow the journey of this once-small startup, mocked by industry giants, as it rises to the top spot in EV sales, leaving even Tesla in its wake. Can BYD maintain its new-found glory, especially with challenges in Europe and the U.S.?

Report: Joseph Wright, Frank Lukeit
Editing: Klaus Hellmig

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REV - The Global Auto and Mobility Show from Deutsche Welle

#DW #DWREV

[necunecu]

when German companies came to the Balkans and started destroying the domestic market with their prices, the Germans said it was democracy and market freedom, so Germans, enjoy the democracy and market freedom that the Chinese bring you👍👍👍👍👍

[chjin]

When these media mention Chinese government subsidies, they never mention that Volkswagen and Tesla also receive large subsidies.

[boyibolomi]

It sounds as if Airbus and Boeing never recieved any subsidies...

[saehian]

BYD's battery is the main killer. No fire hazard, work well in Cold weather.

[robbrand]

Volkswagen EV and Tesla enjoy the same tax benefit in China as BYD.

[chiaolim]

It’s ok if German cars are selling well in China but not ok if China cars are selling in Europe?

[joey]

Tesla enjoyed the same subsidies as BYD and other domestic car makers : a point DW dare not to mention.

[lim]

"the free market is free, until you are winning..."

[prakorngirodkunkid]

Why USA promote free trade but raise 27% taxes on Chinese BEV??

[george_kimani]

Even here in Kenya, BYD is slowly taking over in the transport industry because all electric buses in Nairobi are BYD.

[amulia]

US government funding is called investments. Only other nation's fundings are called subsidies.

[GiuseppeRubulotta-znqw]

BYD have become leaders in the EV industry thanks to their expertise in batteries, the main cost and soul of electric mobility.

[ongbookok]

It is hard to beat BYD business model. They practically own the whole supply change for EV; from battery, raw material, semiconductors, software, to owning their own ships to export cars all over the world. In this way, BYD has a lot of cost advantage.

[moquswm]

BYD is also the supplier of the battery for Tesla, which explains everything.If you know some of the Tesla's history, China also rescued Musk in his hardest time--built a super factory in Shanghai within a short time.

[caryandrae]

when western goes to other countries and beat down those markets they claim should be open free market and protectionism is bad for economy and competition. Now china is beating them in their own game, suddenly is a national threat and bad for economy to give cheaper quality options to public. Just laughable. Western companies are so used to them being "top dog" that anyone who does it better than them is obviously "cheating". BYD can do better not because of subsidies but they own many critical parts of their supply chain to control cost. Even now china evs do not get any govt subsidies but western govt do not want to acknowledge that they are simply much better than them. China evs are just better and cheaper cause china is better at supply chain management and most of their suppliers are "local" than compared to any western company

[LoveTheMusicOz]

I took the plunge and leased a BYD Atto 3 this year. I honestly have to say I haven't ever owned a better put together car. Previous cars in the household have been Honda Civic and CRV, VW Golf and Subaru XV. In all of them I found something not right in the assembly, or they were recalled for faults. So far I cannot fault the BYD, except for the OEM choice of tyres which haven't performed so well in wet weather (will be swapping to either Michelin or Continental soon.). I can honestly say old school car manufacturers have a BIG problem in front of them as BYD is pumping out a quality product at a very reasonable price point.

[rene]

did you all know where Tesla battery came from, you guess it BYD

[maratthmola]

Heading should be " BYD and Tesla emerge victorious in EV race, while German auto industry in graveyard"

[orbetobe]

Let me fix the title for you:

Both BYD and Tesla are crushing traditional carmakers.

[jayceh]

Charlie Munger essentially felt like Wang Chuanfu was the opposite of Elon Musk
No marketing, no flash, no pomp and pageantry.
Just relentlessly better and better and better.