this post was submitted on 29 Jan 2024
47 points (94.3% liked)

[Dormant] Electric Vehicles

3192 readers
1 users here now

We have moved to:

[email protected]

A community for the sharing of links, news, and discussion related to Electric Vehicles.

Rules

  1. No bigotry - including racism, sexism, ableism, casteism, speciesism, homophobia, transphobia, or xenophobia.
  2. Be respectful, especially when disagreeing. Everyone should feel welcome here.
  3. No self-promotion.
  4. No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
  5. No trolling.
  6. Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.

founded 1 year ago
MODERATORS
[email protected]
Ceres
47
BYD is coming for Europe—but high labor costs, connectivity issues, and stubbornly loyal customers might trip up the Warren Buffett-backed EV maker that’s leaving competitors in a ‘state of shock’ (fortune.com)
submitted 10 months ago* (last edited 10 months ago) by MicroWave to c/evs
39 comments fedilink hide all child comments
 

If you asked the typical European or American about BYD a couple of years ago, only the biggest petrol-head or an astute follower of Warren Buffett’s portfolio could have given you a confident answer on what the company does.

It’s taken a brutal price war with Elon Musk and an ascension to the top of the Chinese car pyramid to change that. Now that it’s left competitors in a “state of shock,” BYD has become hard to ignore.

However, as BYD fights a declining share price, Europe’s automakers have a few reasons to be optimistic that they will fare better in a battle on home soil.

you are viewing a single comment's thread
view the rest of the comments
[–] Ramenator 31 points 10 months ago (2 children)

Honestly, if they shake up the market and force the European manufacturers to produce cheaper EVs I'm all for it

[–] evenglow 26 points 10 months ago (1 children)

They already shook up the industry. This is why auto makers are interested in making EVs after decades of telling people that they don't want EVs. China, the world's largest car market, is saturated with EVs. Now China is exporting to countries that don't have as many EVs as China.

It's very similar to what Toyota did decades ago. Create a good product and expand.

[–] mojofrododojo 2 points 10 months ago

saturated

the market is, but the uptake is still ongoing. will be very interesting to see how their power distribution infrastructure adapts to the uptake.