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.
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.