The fact that the headline says "Chinese Carmaker" and not "BYD" says a lot about their international market share.
this post was submitted on 27 Dec 2023
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To be honest, I think it more tells you the article was written by an American for an American audience.
I’m not sure if it’s that or clickbait to get you to find out who it is. That kinda crap has been rampant lately.
Could be both though honestly. Either way, I’m sick of it.
I agree with that, I guess it could have been added after the original headline, maybe putting it in parenthesis.
Also says a lot that despite that they still make more. Having more global sales in effectively one country is more impressive if anything.
Eh, it's diminished when that one country holds nearly 17% of earth's entire population, or nearly as much as the next 6 countries by population combined.
When you have that much market, nearly anything you do will break population-based records.
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The headline also says overtakes, while it says "poised to be" in the text.
It says a lot about that "journalist" knowledge of the topic
To be fair they are just now entering the US market
Huge in Europe and Australia for sure
oh look, someone doing ev that can actually make vehicles, and theyve eclipsed tesla... no wayy..
no one could have predicted this except, ya know, everyone.
And yet so many people are stuck in the pyramid scheme that is Tesla's stock.
And those who have ETFs or index funds that track the S&P 500 also have Tesla stock as a hot trash albatross to deal with.
You leave the majestic albatross out of this.
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I don't wanna be that guy, but BYD are not only garbage tofu cars, they are also HEAVILY subsidized by the CCP in an effort to dump on the competition.
How is that different from Tesla?
How? Teslas that are sold in China are made in China. BYD sold in the UK are made in China.
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I am shocked that a Chinese company with access to materials is selling heavily subsided EVs. Shocked! Meanwhile in the US, nobody can make them in quantity and when they do Americans don't want them. Shocked!
None of you would purchase this car to any Toyota quality wise as well. These things are sub Mitsubishi quality.
But it wouldn't hurt if US could massively subsidize it's own cheap EV options
Predicted for this quarter. Musk has been scoffing the idea, whilst watching them catch him and simultaneously shooting himself in the foot with his own plans.
Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.
So will the EU.
But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse.. it's a win for the planet!
Tariff slapping had been tried by Trump. Very poor outcomes. There will be a more moderated approach, but we will need to see how that pans out
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And still their shares are just a fraction of Tesla's share price.
Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.
Rather ironically, BYD is probably closer to the "value investing" (realistic) value than most hyper-inflated western stocks, which completely decoupled from reality a long time ago...
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Where can I get one?
BYD is available in most of the world, the story linked beneath is about a newer model ATTO, but Dolphin is probably even more popular:
https://cleantechnica.com/2023/11/27/byd-atto-3-now-available-in-50-countries-neta-auto-enters-central-south-america/
This is an overview of their global presence:
https://en.wikipedia.org/wiki/BYD_Auto#Global_expansion
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