> BYD recently passed them to become the biggest EV seller
Well when your government subsides every sale, and your the cheapest product on the market this is a natural outcome.
Mass strikes by workers (in china). Fires (a lot of them). Recalls (several this year). And now massive tariffs for them in a lot of markets don't paint a picture that they have a sustainable business.
We all know that subsidized growth is a great way to build a business (see ridesharing, delivery, in the US) but it doesn't make consumers happy in the end when prices go up and service quality goes down.
Having ridden in a lot of BYDs when traveling overseas I think you paint too bleak a picture. They're everywhere and reliable enough to seemingly be the preferred cars for uber drivers. Some markets might tax them out of existence but I expect others will gladly take perfectly serviceable cars on the cheap.
Tesla is still kicking and they had all the same problems at one time or another. I mean until this year we also massively subsidized every EV sale so pot calling the kettle black.
Well when your government subsides every sale, and your the cheapest product on the market this is a natural outcome.
Mass strikes by workers (in china). Fires (a lot of them). Recalls (several this year). And now massive tariffs for them in a lot of markets don't paint a picture that they have a sustainable business.
We all know that subsidized growth is a great way to build a business (see ridesharing, delivery, in the US) but it doesn't make consumers happy in the end when prices go up and service quality goes down.