this post was submitted on 27 Aug 2023
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They are far simpler with fewer parts. It is only a matter of scaling up manufacturing. The biggest cost is the battery.
BYD is closing in on Tesla as the largest EV manufacturer and most Americans have no idea they exist.
Is BYD a China state run company?
Once your company became big, it is mandatory to have a state appointed party secretary on board.
So yes, in a sense BYD is state run.