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BYD is seeing a flood of new EV buyers

electrek.co

31–40 of 308 posts

Re: BYD is seeing a flood of new EV buyers

#31
Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years. Best of luck to the economy.

Re: BYD is seeing a flood of new EV buyers

#32

I 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…

Why not have 2 $20k used cars instead? One EV and one ICE.

Re: BYD is seeing a flood of new EV buyers

#33

I'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 financia…

> 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?

Have you actually seen the news and the situation? Gas prices will continue to rise and will stay high for at least 3-5 years, given the damaged infrastructure and how long it will take to rebuild. And that's if nothing else happens, so the situation could get a lot worse

This means 2 things: 1) it might be a better alternative to drive electric (depends on the numbers), and 2) if enough people start preferring EVs, prices for EVs might spike in the next 1-2 years. So buying now could be a good move depending on how things turn out

Re: BYD is seeing a flood of new EV buyers

#34

I 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-...…

My Prius Prime has been fantastic for me. It has about a 25 mile charge, which is just enough to get me to work and back.

That range is a significant caveat. If your round trip commute (or one way commute, if you can charge at work) is outside the electric range, then you'll be relying on gas every day. In my situation it's worked out extremely well. I charge at home and only need to fill the gas tank about three or four times a year.

Re: BYD is seeing a flood of new EV buyers

#35

I'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 financia…

This article is anecdotal with quotes from a BYD salesman about their product, and it doesn't mention that BYD's sales are down in Jan-Feb. 2026 (-36% y/y).

electrek.co is a renewables (biased) blog.

Re: BYD is seeing a flood of new EV buyers

#36
post #27
post #6

It's funny to see these gas prices spike as companies are announcing they're killing their EV models here in the US.

The problem with many of these EVs is that they were way too expensive. The main reason companies were producing them is due to regulatory requirements and how emissions standards are calculated, not necessarily because wanted to sell these EVs. What we really need are incentives for companies to build more affordable EVs. California could play a role here, but given the strong opinions we have about Elon Musk, nothi…

China and increasingly India are building very affordable EVs. You can get this guy for $7700, or full-featured models from $10,000:

https://driveauthority.com/cheapest-ev-car-in-china/

All you really need is a political snap of the fingers to remove tariffs, so they can start selling them in the US.

Of course, there is absolutely no way this will happen with the current administration.

Re: BYD is seeing a flood of new EV buyers

#37

I 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…

Happy PHEV owner here. I have a few quibbles with my particular model, but imo this is currently the way to go. It's the best of both worlds.

Re: BYD is seeing a flood of new EV buyers

#38

I 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…

Why not have 2 $20k used cars instead? One EV and one ICE.

You have to insure each, pay license and taxes... most also need a parking spot.

Re: BYD is seeing a flood of new EV buyers

#40

I'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 financia…

I see no reason to downvote this, so I upvote it.

I think you're missing something. This war is an inflection point. Consumer behavior is likely to change after it.

So yes, this is just a transient thing...but I think the effects will be permanent.

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