BYD is seeing a flood of new EV buyers
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BYD is seeing a flood of new EV buyers
1–10 of 308 posts
Re: BYD is seeing a flood of new EV buyers
#2It also helps that BYD cars are very aggressively priced and are genuienly pretty good. Here in the UK they are getting pretty popular and it's easy to see why - legacy companies like VW and Audi are (for the lack of better word) taking the piss with their pricing and with penny pinching on literally everything.
Re: BYD is seeing a flood of new EV buyers
#3I finally put my money where my mouth is and bought a PHEV. In the past month I've done all my errands around town exclusively on battery power (30-40 miles per charge) from a home L1 charger.
I know EV purists will complain about the complexity of maintaining the gas engine, but this hits the perfect sweet spot for me - it doesn't weigh a million tons, it cost under 40k new, and the one weekend a month when I need to I can drive 300 miles each way on a single tank of gas.
Re: BYD is seeing a flood of new EV buyers
#4> While Asia, particularly Southeast Asian countries like Thailand and the Philippines, has higher EV adoption rates than those of the US and Europe, at around 40%, they are still hit hard by rising oil prices.
That figure is highly misleading. Yes, 48% of new vehicle sales in Thailand are now EVs, but their share of total vehicles on the road is much smaller: I can't find recent figures, but it'll be far less than 10%. (Share of new sales was under 20% until late last year.)
The Philippines is even further behind, with share of new sales under 10%.
Of course total fleet composition will eventually converge on new sales, but given that the lifespans of cars are measured in decades, it takes longer than you'd think.
Re: BYD is seeing a flood of new EV buyers
#5I finally put my money where my mouth is and bought a PHEV. In the past month I've done all my errands around town exclusively on battery power (30-40 miles per charge) from a home L1 charger. I know EV purists will complain about the complexity of maintaining the gas engine, but this hits the perfect sweet spot for me - it doesn't weigh a million tons, it cost under 40k new, and the one weekend a month when I need t…
The problem with PHEVs is the data shows that, at scale, consumers typically use them in ICE mode vs EV mode. Its great it works for you, and hopefully BEVs kill the need for PHEVs in the next few years as the technology continues to rapidly improve around charge rate (Plug-in hybrids use three times more fuel than manufacturers claim, analysis finds - https://www.theguardian.com/environment/2026/feb/18/plug-in-... - February 18th, 2026
Smoke screen: the growing PHEV emissions scandal - https://www.transportenvironment.org/articles/smoke-screen-t... - October 16th, 2025
Re: BYD is seeing a flood of new EV buyers
#6It's funny to see these gas prices spike as companies are announcing they're killing their EV models here in the US.
Re: BYD is seeing a flood of new EV buyers
#7> While Asia, particularly Southeast Asian countries like Thailand and the Philippines, has higher EV adoption rates than those of the US and Europe, at around 40%, they are still hit hard by rising oil prices. That figure is highly misleading. Yes, 48% of new vehicle sales in Thailand are now EVs, but their share of total vehicles on the road is much smaller: I can't find recent figures, but it'll be far less than 1…
To be fair, they do explicitly say "higher EV adoption rates", not "people who already have EV".
Re: BYD is seeing a flood of new EV buyers
#8> While Asia, particularly Southeast Asian countries like Thailand and the Philippines, has higher EV adoption rates than those of the US and Europe, at around 40%, they are still hit hard by rising oil prices. That figure is highly misleading. Yes, 48% of new vehicle sales in Thailand are now EVs, but their share of total vehicles on the road is much smaller: I can't find recent figures, but it'll be far less than 1…
New sales are the leading indicator to total fleet composition turnover. As oil prices stay high into the future, and monthly sales of EVs continues to increase, it speeds fleet turnover from combustion to EVs.
Ember Energy: ASEAN emerges as a new leader in global EV adoption - https://ember-energy.org/latest-updates/asean-emerges-as-a-n... - December 16th, 2025
You can see how this looks over a longer term using Norway's data as they transitioned to ~100% EV sales: https://robbieandrew.github.io/EV/
Re: BYD is seeing a flood of new EV buyers
#9I finally put my money where my mouth is and bought a PHEV. In the past month I've done all my errands around town exclusively on battery power (30-40 miles per charge) from a home L1 charger. I know EV purists will complain about the complexity of maintaining the gas engine, but this hits the perfect sweet spot for me - it doesn't weigh a million tons, it cost under 40k new, and the one weekend a month when I need t…
I think plug-in hybrids are the perfect combo. You get amazing flexibility and if you mostly drive locally, then 80-90% you are probably purely driving electric
When we bought are last car, I would've bought one of those if there had been a Toyota or Honda minivan. We ended up going for a regular hybrid instead. Hopefully this category gets adopted by more car makers
Re: BYD is seeing a flood of new EV buyers
#10I'm sorry to be that guy, but can we reintroduce a good dose of skepticism in our mental diets?
BYD was already selling a ton of cars when the oil prices were "low", of course there's some very creative accounting business moves you would expect from a Chinese company like BYD ( companies from other places have their own peculiarities too ).
Gas prices have been "sky high" for a week and people who are under financial stress just decided to ditch their cars and buy a brand new BYD? Are we children now? listening bedtime stories?
The concept of electric vehicle is technically superior to support the context and lifestyle a large majority of people have. It will "win" over time. There is no need to this bullshit simplistic feel-good articles.
Btw, the the market movements of people trying to get rid of their gas-guzzling SUVs when prices are high and trade them for a smaller and more economical car ( what they should have been doing in the first place.. ) already happened in the past many times, there is no news here. But these movements don't happen in a time span of a week or a couple weeks.
Sorry for the rant, but between AI's "Absolutely, you're entirely right!" and these bullshit articles.. I don't know.
To be clear: EV's will "win" and BYD has been selling a ton of cars because they are cheap and not terrible right out of the gate, also people don't have much disposable income.