How Chinese EV Giant BYD Is Taking On Tesla

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2024-03-25に共有
Warren Buffett-backed BYD dethroned Tesla in the fourth quarter of 2023 as the world’s top EV maker, selling more battery-powered vehicles than its U.S. rival. BYD was founded by Wang Chuanfu and started making batteries for mobile phones in the 1990s. By 2003, it pivoted to autos and now has become the top car brand in China, as well as a major producer of batteries for electric vehicles. It’s now aggressively expanding globally, exporting over 240,000 cars across 70 countries last year. Elon Musk said in Tesla's Q4 earnings call that Chinese automakers will "demolish most other car companies in the world" unless regulators step in. With sights set on North America, BYD could try entering the U.S., but faces government opposition. CNBC explores whether BYD can sustain its relentless growth and what's next for this EV juggernaut.

Chapters:
00:00 - 02:29 Title card - The rise of BYD
02:30 Chapter 1 - Early days
07:39 Chapter 2 - Vehicles
10:41 Chapter 3 - Expansion outside China

Produced and Edited by: Andrew Evers
Supervising Producer: Jeniece Pettitt
Animation: Christina Locopo
Narration: Robert Ferris
Additional Footage: Tesla, BYD, Getty Images

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How Chinese EV Giant BYD Is Taking On Tesla

コメント (21)
  • @brianmansan
    Sooner or later US govt will declare BYD as national security threat 😂😂😂😂😂. Come on USA.....you can do better than this
  • Look at how hypocritical the United States is, they promote free trade. American cars can be sold in China, but Chinese cars are prohibited from being sold in the United States. Is this fair? Government subsidies? Does the United States not subsidize their cars or large aircraft factories? Double standards.
  • @learnsun3376
    China: About 15% of automobile production is exported. South Korea: About 70% of automobile production is exported. Germany: About 75% of automobile production is exported. Japan: About 50% of automobile production is exported. United States: China’s auto industry has overcapacity.
  • @ginoe987
    When American companies are on top: free market When Chinese companies are on top: national security
  • @mrapollo_17
    I just want them in the US so the price war can drop the insane US car prices
  • @LordBagdanoff
    People are buying more BYD than Tesla in Singapore at the moment.
  • I live in Norway, have Chinese collegue at work she drive Tesla, and my neighbor he’s American he drive BYD 😅 true story
  • @rosampa1980
    BYD is a big sucess here in Brazil, my boss just bought one
  • @yeetian2774
    Fun fact: a Honda civic is $15000 in China due to the ruthless competition
  • @JA-qs1ug
    I just bought a BYD Seal. Live in Europe. Really great car.
  • @Ray-ld3mt
    I bought a BYD EV this year. It's a fantastic car, great quality! I am loving the experience!
  • @ramys.4313
    Elon Musk was making fun of them 4 years ago. Now he's asking the us government for protection measures.
  • @mrapollo_17
    If US companies are nervous maybe they shouldn't be replacing all of their lower cost vehicles with premium SUVs and Trucks
  • @jeepwillbmw
    I bought a BYD Atto 3 in Australia as it was way cheaper that the Tesla and the build quality was better. So far no problems.
  • I lived in Indonesia, BYD just launched the products 3 months ago. EV car here is very expensive past years, e.g : Ioniq 6 and Kia EV6 price around $80k , Tesla Model 3 Around $100.000 and BYD seal AWD only $45k . With similar quality and experience for all those car, it will be easy to pick BYD Seal. Waiting for my BYD Seal arrive, cant wait !
  • When I will have enough money, I'll get this Vehicle. ❤ From Pakistan and we will continue to support our iron brother China❤
  • @jeffs6090
    One of the best things BYD has is its own cargo ship fleet. That's a genius move!
  • @alee9071
    My next car will be a BYD, test drove it last week, was very impressed, better than a Tesla IMO
  • Damn, we are so ripped off buying EV here. Their prices are so affordable with even longer ranges.
  • @RobertH-qb5it
    Had to laugh about the 'threat to domestic automakers'....the domestic automakers are threatened by their own crappy products.