this post was submitted on 29 Jan 2024
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[Dormant] Electric Vehicles

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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
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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.

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[–] [email protected] 5 points 10 months ago (1 children)

Well no, of course they don't. But this company's options will be a) don't do that in Euro autos or b) don't do business in the EU. Which do you think they'll pick?

[–] [email protected] 1 points 10 months ago

Let’s meet back here in ten years and discuss what weird tracking implementation was discovered too late.