• The Rise of BYD in the EV Domination

  • Jan 24 2025
  • Length: 6 mins
  • Podcast

The Rise of BYD in the EV Domination

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  • Summary

  • BYD has officially dethroned Tesla as the world's top EV maker. How did they do it? BYD focused on affordability, vertical integration, and massive government support in China, selling 1.8 million EVs in 2022. Unlike Tesla's luxury-first approach, BYD made EVs accessible for the masses. They even make 75% of their car parts in-house, including their own batteries. Now, with Warren Buffett backing and global expansion underway, BYD is shaping the future of electric cars. Can they dominate the international market like they've conquered China?

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