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BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
171–180 of 467 posts
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#172Why has BYD stock been trundling along? They seem like they are so far ahead: incredible blade batteries with ridiculous power density (fast charging)/efficiency/cooling, while being structurally useful (mad cool). And mad popular. I feel like I'm missing something that this company is doing such amazing good work but the stock isn't really moving.
Well their forward P/E is double Ford or Toyota, so presumably people think that's what their profit trajectory is worth.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#173Traveling in Asia and South America, the primary impression I got was not that this is a war of manufacturing that we're losing but that the game is already up. Chile was full of Chinese makes and they were all surprisingly good. Riding in a Chinese MG in Taiwan or Hong Kong you suddenly realize that this isn't a future competitor. The people talking about the war of car manufacturers here seem like those Japanese ho…
It's not "surprisingly" unless you haven't bought much in the last 20 years.
China-owned brands are now often better and more premium than their Western counterparts across the entire spectrum. Give me Anker over Belkin any day. There are a few areas where the West still leads - Chinese software tends to be buggier and less polished, luxury apparel isn't at the same standard - but that lead is diminishing rapidly. Customer service could still do with some improvement: it's usually much slower and less professional, but the trade-off is it's not uncommon to end up talking to an actual engineer who can investigate and solve the problem rather than just follow a script, even at a huge company.
The worst products are now formerly high quality Western brands with PE overlords that forced them to outsource manufacturing to the lowest bidder.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#174Earlier quoted context omitted.
Running a business isn't a human right. Also, I hate the conflation people have that the ability for the CCP to do something means it would. Furthermore, the party in socialist states is basically just the government. It being called a party and being explicitly ideological in function isn't, in practice, very different from the US having something called the federal government that has a constitutional ideology
Doing anything you want to do that does not harm anyone else, and helps some, is most certainly a human right. To arbitrarily repress this most basic impulse, the one to go after a dream to make better ways to do things, is severely anti-human. Most businesses are in this category.
the problem is that it does harm people, at least at the large scale. And china exists because of that harm
>dream to make better ways to do things
The inability to exploit other peoples labor to achieve that doesn't mean those things are denied
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#175Earlier quoted context omitted.
As an american i feel it. have you ever visited China? it's sad man, in more and more industries america is only able to compete by banning china from even contesting the market Not just on dumping or price, actual product quality, innovation and value. It's impossible to visit a Huawei store in Beijing and not feel it in your bones
> As an american i feel it How do we have a productive discussion about our feelings on a tech site?
You start with a non-sequitur on China using coal to generate electricity.
Because that, too, is feelings. In this case, insecurity.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#176Earlier quoted context omitted.
that's what most innovation is. the model T wasn't the first car. it was the car that was sufficiently refined to take over.
We have very different definitions of innovation. Respondants: Please, stop lying on the internet. It's not healthy. Stop making things up. Source: https://www.merriam-webster.com/dictionary/innovation Making cars faster or cheaper isn't an "innovation". Making a flying car is innovation. Inventing the car is invention. Systematic government-aided intellectual property theft, lax labor laws, low wages and low standar…
Your understanding of the situation is over a decade out of date. The Chinese are outright innovating at this point, they are well past the copy-paste stage. If you'd like to catch up, this is a good place to start:
https://www.youtube.com/@Wheelsboy/videos
And btw, they are making flying cars as well:
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#177BYD has to me become an icon of US decline vs Chinese expansion. It’s just one example among many of China charting the way forward and innovating while the US recedes further into backward-looking, protectionist policy. See: US politicians on both sides trying to ban BYD imports rather than incentivizing stiffer competition from US automakers. Another example: massive growth in Chinese renewables while the US opens…
I was glued to the window while flying over southern China recently. There is so much infrastructure you can see from the air, even in fairly rural provinces. So many bridges. So many wind turbines. It is visibly a country on the move, a country that believes in itself and its ability to do things. The Chinese Century is increasingly palpable, for better or worse.
I'd say it's a country that builds a ton of infrastructure, at the expense of living standards of common people. The money from infra has to come from anywhere, and an all-powerful central government can just redirect the stream from consumer spending into building out infrastructure. Whether Chinese are happy about it, you'd have to ask them.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#178Why should Australians or Dutch people have loyalty to foreign car industry? Who killed Holden or DAF? It wasn't BYD lol.
You should be loyal only to the extent that the loyalty helps some interests of yours. That is if the car industry ensures military equipment should you need it. (or alternatively you are going to war and don't want them to have the expertise that a car industry has). For those not paying attention to geopolitics, Taiwan is the real concern here. China wants to control them, and is building a strong military. How the…
Isn't the concern with over the air updates and back-doors? As in, if the citizens in county A buy country B's cars, and now there is a tiff between the two countries, country B could potentially brick all of those vehicles in country A.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#179BYD has to me become an icon of US decline vs Chinese expansion. It’s just one example among many of China charting the way forward and innovating while the US recedes further into backward-looking, protectionist policy. See: US politicians on both sides trying to ban BYD imports rather than incentivizing stiffer competition from US automakers. Another example: massive growth in Chinese renewables while the US opens…
38.9% of BYDs direct profits are from subsidies. Tesla subsidies expired already… if we are going to judge on equal footing China is subsidizing a much bigger part of BYDs sales.
Re: BYD overtakes Tesla and Kia as the best-selling EV brand in key overseas markets
#180Earlier quoted context omitted.
> Another example: massive growth in Chinese renewables while the US opens up national parks for drilling and cancels solar/wind projects. You occasionally see a heartwarming post: “California adds solar panels over a canal” and it just looks cute and kind of sad compared to the massive, ambitious, and technologically superior build out of Chinese renewables. Coal is still the majority of generation capacity [1] in C…
Who cares? China is revving up energy production in renewables to out eat the fossil production, but all of these processes are energy hungry, and you have to pay the non renewable cost to create the renewables. But then you don’t need the fossil fuels anymore. My solar panels will produce for the next 30+ years and power my EV with very little effort or maintaining, whereas the fuel I used to drive my ICE car to the…
The US with its high natgas generation is much cleaner than a majority coal driven generation scheme. I'm puzzled why we talk about "US decline" when we're pretty much creating paeans to marginal energy construction. Sure China's trajectory is good.
But it's still not at the point where it's cleaner per capita than the US and it's still quite far from that. Let's talk about reality here. The US shouldn't rest on its laurels, but we need to be real about where we are not how we feel
A lot can change. This administration has 2.5 years left. I'm tired of Reddit and Twitter doom-based virality hacks subsuming every net forum.