Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

  • RvTV95XBeo@sh.itjust.worksEnglish
    946·
    9 months ago

    The fact that the headline says “Chinese Carmaker” and not “BYD” says a lot about their international market share.

    • Buffalox@lemmy.worldEnglish
      463·
      9 months ago

      To be honest, I think it more tells you the article was written by an American for an American audience.

        • Buffalox@lemmy.worldEnglish
          1·
          9 months ago

          Yes, that would be great, it’s a bit editorializing, but making it less click bait, should absolutely be acceptable.

      • thejml@lemm.eeEnglish
        2·
        9 months ago

        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.

        • Buffalox@lemmy.worldEnglish
          2·
          9 months ago

          I agree with that, I guess it could have been added after the original headline, maybe putting it in parenthesis.

    • Chriswild@lemmy.worldEnglish
      201·
      9 months ago

      Also says a lot that despite that they still make more. Having more global sales in effectively one country is more impressive if anything.

      • CertifiedBlackGuy@lemmy.worldEnglish
        32·
        9 months ago

        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.

        • Thoth19@lemmy.worldEnglish
          1·
          9 months ago

          India and China have similar populations. It’s a bit disingenuous to say China has as much pop as the next 6 countries.

    • InFerNo@lemmy.mlEnglish
      10·
      9 months ago

      The headline also says overtakes, while it says “poised to be” in the text.

    • erwan@lemmy.mlEnglish
      8·
      9 months ago

      It says a lot about that “journalist” knowledge of the topic

  • LemmyIsFantastic@lemmy.worldEnglish
    309·
    9 months ago

    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.

    • BossDj@lemm.eeEnglish
      3·
      9 months ago

      But it wouldn’t hurt if US could massively subsidize it’s own cheap EV options

  • Gazumi@lemmy.worldEnglish
    13·
    9 months ago

    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.

    • Tosti@feddit.nlEnglish
      14·
      9 months ago

      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!

      • Gazumi@lemmy.worldEnglish
        31·
        9 months ago

        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

        • Corkyskog@sh.itjust.worksEnglish
          21·
          9 months ago

          I’m confused what you think is going to happen? There at 25% and Biden doesn’t think they are high enough, they are already currently in talks of increases AFAIK.

    • Tosti@feddit.nlEnglish
      171·
      9 months ago

      Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.

      • WhatAmLemmy@lemmy.worldEnglish
        8·
        9 months ago

        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…

        • bionicjoey@lemmy.caEnglish
          22·
          9 months ago

          Regardless of value sentiment, I’d never consider investing in a Chinese stock. Too much risk that the CCP makes some big overnight change that torpedoes the price.

      • Critical_Insight@feddit.ukEnglish
        45·
        9 months ago

        Atleast Musk and Tesla shareholders aren’t commiting a genocide so the argument could be made that it indeed is less bad.

  • mohammed_alibi@lemmy.worldEnglish
    1·
    9 months ago

    I remember seeing BYD in China back in the early 2000s with a logo that looks very similar to BMW’s logo. I guess they have to start somewhere by copying somebody. There were also a lot of cars that had fake badges (added by the owner, not the manufacturer) in China, there was a strong desire for the western brands, of course, that’s why Buicks and Audis were so popular in China. I guess I would stay away from that brand until it has proven itself somewhere else from China. Don’t trust any stats published out of China.