this post was submitted on 23 Nov 2023
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This article doesn't give any real context from where these numbers come from, what countries, or why are BYD cars more enticing over Tesla vehicles. Honestly, I've heard of the rising popularity of Chinese cars in developing countries due to their reduced cost, but the reason could be because the Chinese government has purchased them to boost sales numbers like shown in another article here.
But the government didn’t buy them to boost sales numbers in the other article here. If you actually read it it says that a bunch of ride sharing companies bought them, admittedly with some government subsidies, and then when several of thouse companies went out of business hundreds of their vehicles got stuck in a lot for a few years before they could be auctioned off. A wonder of capitalism that companies can be founded, grow, and then collapse so fast that they can’t even sell their hard assets sure, but hardly the government funding an entire industry.
Yeah specially watching serpentza's video on BYD throwing literally fields of electric cars fully completed, with their license plates and under 30 miles on them, to just rot in there. So whenever hearing EV sales from Chinese car makers... Suspicious-fry.jpg
While there has been confirmed reports of smaller manufacturers faking the number of cars produced by claiming partly completed frames, why would BYD fully complete a car just to leave it in a field. No only is it leaving money on the table, but given the cost to build a car is far higher that the subsidy they’d be loosing money on every car.
I also sopose that serpentza confirmed that the cars were owned by BYD and completely unconnected to the fields of EVs left over when the Chinese ride share bobble collapsed and several EV ride share companies went bankrupt.
They started selling them in the UK this year, and I've already started to see them on the road. They claim to be on track for around 30,000 sales per year in the country, which would put them at about half of the number of Teslas sold (about 60,000).
Why are people buying them? Well, the same reason people buy any car. They're sold with a relatively high trim for a relatively affordable price, and they're reviewing well with the auto press. It's not like there's any magic to it. China's a cheap manufacturing country, and they're undoubtedly willing to throw profit margins to the wolves to boost market share.
Probably from Bloomberg report
https://www.bloomberg.com/news/articles/2023-10-03/tesla-sales-drop-sees-byd-close-gap-in-race-for-ev-supremacy