Earlier quoted context omitted.
I think we can see the same thing happening today. BYD+CATL are the new iphone and other manufacturers are Symbian, Motorola and Sony Ericsson VW, Toyota and friends cannot change fast enough. They should have started with big battery investments 10-15y ago and RnDing then, not now when Market is flooded.
I don't see the comparison. BYD is a decent car for an impressive price, but they're ... just cars. The iPhone wasn't "just a phone" that was cheaper than its contemporaries and a little better in very specific areas, it was a complete overhaul of the entire market. You can look at a BYD and a Nissan and make a decision based on minor trade-offs between different aspects of the car. You couldn't do the same between i…
BYD car division has multiple departments doing independent R&D and releasing independent lines. They were first with 360° tank turn and now a jumping supercar. They are trying hard to deliver things others like Musk keep promising down the line.