There is some China bashing but it's an informative article and it was hard to know what to quote.

Based in Shenzhen, the hub of China’s electronics industry, BYD has shown how Chinese carmakers can tap the country’s dominance of electrical products. No company has benefited as much from China’s embrace of battery-electric cars and plug-in gasoline-electric cars. These vehicles together make up 40 percent of China’s car market, the world’s largest, and are expected to be more than half next year.

Like most Chinese automakers, BYD doesn’t sell its cars in America because Trump-era tariffs remain in place, but BYD does sell buses in the United States. BYD is leading China’s export push in electric cars, and is rapidly building the world’s largest car carrier ships to transport them. The first of the ships, the BYD Explorer No. 1, is on its maiden voyage from Shenzhen with 5,000 electric cars on board, and is expected to arrive in the Netherlands by Feb. 21.

[...]

China has built enough factories to make more than twice as many cars as its market can buy. That has led to a price war in China, particularly between BYD and Tesla, with discounting that has inflicted heavy losses. One of BYD’s newest models, the subcompact Seagull, starts at less than $11,000.

[...]

BYD has a lingering advantage over Tesla: Mr. Wang’s decision by 2011 to develop plug-in hybrid cars, which account for nearly half of BYD’s sales.

  • Fishroot [none/use name]
    hexbear
    12
    4 months ago

    There is an interesting book about how the Chinese Silicon Valley works called AI superpower, China, Silicon Valley and the New world order by Kai-Fu Lee

    In the book, it explains how new start up would usually make a product that is “good enough” in order to gain traction and as there are a lot of people using them to cultivate a product ecosystem. the firms gets feedback from customers and create more “niche” lines for specific customers, etc.

    Which compliments well with the episode on Tech Won’t Save Us where they talk about how asian car manufacturers works in reverse compare to Tesla that produces for a high-end car and mostly to make a statement and pushes for a life-style.

    I have a friend who told me once how Tesla are very Californians in their design because they are not adapt for regions with lower temperatures