China’s BYD is selling more electric cars than Tesla::BYD overtook Tesla to become the world’s biggest electric car company in the final quarter of 2023.
“selling”
China’s BYD is selling more electric cars than Tesla
Submitted 10 months ago by L4s@lemmy.world [bot] to technology@lemmy.world
https://www.cnn.com/2024/01/02/cars/china-byd-ev-sales-increase-tesla-intl-hnk/index.html
Comments
grayman@lemmy.world 10 months ago
graymess@lemmy.world 10 months ago
What the fuck does this even mean?
grayman@lemmy.world 10 months ago
It’s all fake! They’re not truly selling more.
CCP pays huge subsidies to the company to produce electric cars… Enough to cover the cost of manufacturing. They can’t sell them because there’s too many, they’re too expensive, unreliable, and unusable in many parts of the country. So the company “sells” them to fake buyers, then dumps the cars. There are thousands and thousands of new electric cars roting in rural fields in China. The scandal broke last year. Some whistle blowers provided some documented proof and a bunch of photos and videos of vast fields of new electric cars that we’d consider EPA super fund eligible sites due to the chemicals leeching from the roting cars.
hark@lemmy.world 10 months ago
Are they giving them away? If so, tell me where so I can get one.
grayman@lemmy.world 10 months ago
They’re roting in fields in China. The story broke last year. They’re lying about actually selling the cars.
Cheskaz@lemmy.world 10 months ago
I started seeing them in Sydney, like 3 months ago but suddenly they’re everywhere and a store opened down the road from me.
And every time I see the name my brain pronounces BYD as “buy” with a “d” on the end and makes a stupid pun about purchasing one.
Curly722@lemmy.world 10 months ago
Is “buying D” illegal in Sydney?
autotldr@lemmings.world [bot] 10 months ago
This is the best summary I could come up with:
The Chinese company sold a record number of cars last year, including 525,409 battery electric vehicles (BEVs) in the three-month period to December 31, according to a stock exchange filing.
The rapid growth of BYD, which is backed by Warren Buffett, is a symbol of China’s rising EV industry.
Miao Wei, former minister of China’s Ministry of Industry and Information Technology, said at a car forum in November that the government’s NEV penetration target of 50% by 2035 is likely to be achieved by 2025 or 2026 at the latest, according to state media.
China’s leading role in the global industry is also thanks to its market scale, cheap labor and supply chain dominance, according to analysts.
Its first mover advantage and government support through infrastructure investment and subsidies have made it easy for Chinese EV makers to expand domestically and internationally, they said.
To offset the slowing domestic market, Chinese car makers have been seeking growth outside the mainland by expanding in Europe, Australia and Southeast Asia.
The original article contains 656 words, the summary contains 167 words. Saved 75%. I’m a bot and I’m open source!
prole@sh.itjust.works 10 months ago
Great so when can I buy one in the US?
buzz86us@lemmy.world 10 months ago
You can buy one today as long as it is a class 5 truck, or a bus.
agitatedpotato@lemmy.world 10 months ago
I cant wait for this and to watch the American automakers lose market share for choosing to make large expensive monsters for the profit margin instead of what people need. Its gonna be hilarious hearing them blame everyone but themselves.
If I had the money ready id buy BYD consumer offering the first day they’re here because I just know some reactionary tax or tarrif bullshit will be passed as soon as the automakers lobby hard enough for it.
Grass@sh.itjust.works 10 months ago
Where do they sell it? I’ve never heard of this?
bendm@lemmy.world 10 months ago
As far as I know, you can’t buy a BYD in the US, which is a shame. At $12,000 I’d much rather own a new BYD Seagul than a used ICE car with its breakage prone overly complicated and polluting engineering. youtu.be/anoliCXXKIA?si=d2UC_CDrWhpKuMyD&t=11…
At least I can still buy an ebike!
riodoro1@lemmy.world 10 months ago
Yeah and, Chinese engineering isn’t brakage prone? I doubt those cars will see 100kkm on their odometers and thats hardly the eco-revolution we need.
Desistance@lemmy.world 10 months ago
You can’t buy BYD passenger cars in the US yet. BYD makes commercial vehicles in California.
Patch@feddit.uk 10 months ago
They sell them in the UK now. I’ve seen a few on the road. There are a couple of dozen showrooms in the country now, and my utility (electricity and gas) supplier is offering them on finance (amongst a few other options).
So yeah, they’re out there.
silvercove@lemdro.id 10 months ago
This is a good development. More competition is always good.
BustinJiber@lemmy.world 10 months ago
On the other hand China has more people than US and Europe and US combined. Yes, that US twice plus Europe and then some.
ICastFist@programming.dev 10 months ago
I distinctly recall a recent video from Serpentza showing swathes of BYD electric cars “recalled” or “abandoned”, don’t remember which, mostly due to battery concerns. Can’t look it up right now
ililiililiililiilili@lemm.ee 10 months ago
BYD recalled 53k cars in 2022. The pictures you’re talking about of abandoned EVs in China are mostly from ride-sharing companies that went bankrupt in the mid-2010s (after purchasing the cars with generous subsidies that ended in 2019).
Virulent@reddthat.com 10 months ago
Yeah I’m sure the YouTuber who does exclusively “China bad” videos for cults knows what he’s talking about
nucleative@lemmy.world 10 months ago
BYD is selling where I live now in Southeast Asia. And I’ve also been to China many times and been inside BYD vehicles.
While they are economically built, the quality seems pretty good considering the price point. They’re being used as taxis all over Shenzhen and many other cities where I’m sure they’re racking up hundreds of millions of kilometers of fleet mileage, potentially giving them a lot of data to work with.
Honestly I think the Chinese are going to be very strong contenders against American built electric vehicles, which is going to ruffle a lot of feathers.
buzz86us@lemmy.world 10 months ago
I love how they take a more conservative approach than Tesla with their technology. If I had freedom of choice I’d be buying a BYD over a Tesla because they are like the Toyota of electric vehicles. They focus more on the vehicle being a vehicle than all the high tech bloat.