American EV manufacturers should realize that designing aspirational products erodes their growth, even if it means short-term profits. BYD is building practical EVs at affordable prices, not fashion articles.
If their offer wasn't a good deal, they wouldn't be growing so aggressively in Latin America. They're filling a niche western EVs have ignored for almost a decade.
Effectiveness of an employee measured by how much space he needs / occupies? If you send an employee to sit alone in a warehouse, you've increased his effectiveness by orders of magnitude by your logic.
They make batteries, regular cars and hybrids and the cost of labor is lower
American EV manufacturers should realize that designing aspirational products erodes their growth, even if it means short-term profits. BYD is building practical EVs at affordable prices, not fashion articles.
If their offer wasn't a good deal, they wouldn't be growing so aggressively in Latin America. They're filling a niche western EVs have ignored for almost a decade.
Doesn't Tesla make batteries and 51% of its cars in China [1]?
[1] https://insideevs.com/news/715427/tesla-ev-production-shangh...
Are they more efficient? Because you only substitute human labor for technology when wages are too high
they're also one of the top suppliers for public transit busses.
So you're saying that since they have 24x the size of factory (pre-expansion), with just 5.3x the people, that Chinese workers are 4.52x as effective?
Effectiveness of an employee measured by how much space he needs / occupies? If you send an employee to sit alone in a warehouse, you've increased his effectiveness by orders of magnitude by your logic.