Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

  • jaschen@lemmynsfw.comEnglish
    6·
    9 months ago

    I don’t wanna be that guy, but BYD are not only garbage tofu cars, they are also HEAVILY subsidized by the CCP in an effort to dump on the competition.

      • jaschen@lemmynsfw.comEnglish
        4·
        9 months ago

        I know they are dominating the market. But I’m explaining why they are. It’s NOT because they make superior cars Each car is sold at a loss with the funding/backing of the China government with the sole purpose to dump(kill domestic competition).

        Amazon prime sorta did this on a micro scale. Dump their pricing to kill Barnes and Noble and after they go out of business, they open and replace them with their own stores. But instead of Amazon funding the dump, it’s the god damn CCP and our entire auto industry.

      • ShepherdPie@midwest.socialEnglish
        1·
        9 months ago

        Dominating which market though? China is heavily subsidizing these cars like they do with a lot of new tech when they want to undercut non-Chinese companies. I guarantee if any other manufacturer had similar subsidies, the situation would be different.

      • LWD@lemm.eeEnglish
        1·
        9 months ago

        Because Tesla’s subsidies are good old fashioned American subsidies. Rock, flag, and eagle, right?

      • jaschen@lemmynsfw.comEnglish
        1·
        9 months ago

        How? Teslas that are sold in China are made in China. BYD sold in the UK are made in China.