this post was submitted on 27 Dec 2023
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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.

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[–] RvTV95XBeo@sh.itjust.works 92 points 2 years ago (6 children)

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

[–] Buffalox@lemmy.world 46 points 2 years ago (2 children)

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

[–] phillaholic@lemm.ee 7 points 2 years ago (1 children)

Poorly. Just add the name after Chinese Car maker.

[–] Buffalox@lemmy.world 1 points 2 years ago

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

[–] thejml@lemm.ee 2 points 2 years ago (1 children)

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.world 2 points 2 years ago

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

[–] Chriswild@lemmy.world 19 points 2 years ago (3 children)

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

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[–] InFerNo@lemmy.ml 11 points 2 years ago

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

[–] erwan@lemmy.ml 9 points 2 years ago

It says a lot about that "journalist" knowledge of the topic

[–] Fades@lemmy.world 4 points 2 years ago

To be fair they are just now entering the US market

[–] Squizzy@lemmy.world 2 points 2 years ago

Huge in Europe and Australia for sure

[–] originalucifer@moist.catsweat.com 58 points 2 years ago (25 children)

oh look, someone doing ev that can actually make vehicles, and theyve eclipsed tesla... no wayy..

no one could have predicted this except, ya know, everyone.

[–] Speculater@lemmy.world 6 points 2 years ago (1 children)

And yet so many people are stuck in the pyramid scheme that is Tesla's stock.

[–] Substance_P@lemmy.world 8 points 2 years ago (1 children)

And those who have ETFs or index funds that track the S&P 500 also have Tesla stock as a hot trash albatross to deal with.

[–] tsonfeir@lemm.ee 2 points 2 years ago

You leave the majestic albatross out of this.

[–] Lucidlethargy@sh.itjust.works 3 points 2 years ago

Man, Tesla is known for their very poor quality these days as well.

I recall 6-7 years ago I had a family member complain about their tesla breaking down. Today, we know this is pretty standard for all of them. We've also all seen how trashy the build quality is outside the electronics as well.

So... Even if these are trashy quality, are they really much worse than Tesla? I look forward to hearing more. I hope this shames Western companies into catching up, the fucking idiots.

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[–] LemmyIsFantastic@lemmy.world 20 points 2 years ago* (last edited 2 years ago) (1 children)

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.ee 3 points 2 years ago

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

[–] Gazumi@lemmy.world 16 points 2 years ago (1 children)

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.nl 16 points 2 years ago (1 children)

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.world 2 points 2 years ago (1 children)

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.works 1 points 2 years 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.

[–] filister@lemmy.world 5 points 2 years ago (1 children)

And still their shares are just a fraction of Tesla's share price.

[–] Tosti@feddit.nl 20 points 2 years ago (2 children)

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

[–] WhatAmLemmy@lemmy.world 11 points 2 years ago (3 children)

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...

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[–] airportline@lemmy.ml 5 points 2 years ago* (last edited 2 years ago) (1 children)
[–] Buffalox@lemmy.world 3 points 2 years ago

BYD is available in most of the world, the story linked beneath is about a newer model ATTO, but Dolphin is probably even more popular: https://cleantechnica.com/2023/11/27/byd-atto-3-now-available-in-50-countries-neta-auto-enters-central-south-america/
This is an overview of their global presence:
https://en.wikipedia.org/wiki/BYD_Auto#Global_expansion

[–] mohammed_alibi@lemmy.world 1 points 2 years 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.

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