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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[–] originalucifer@moist.catsweat.com 58 points 2 years ago (23 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 7 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.

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[–] jaschen@lemmynsfw.com 29 points 2 years ago (18 children)

I don't wanna be that guy, but BYD are not only garbage tofu cars, they are also HEAVILY subsidized by the CCP in an effort to dump on the competition.

[–] IHadTwoCows@lemm.ee 1 points 2 years ago

Lol he thinks Teslas arent subsidized

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

How is that different from Tesla?

[–] LWD@lemm.ee 1 points 2 years ago* (last edited 1 year ago)
[–] jaschen@lemmynsfw.com 1 points 1 year ago

How? Teslas that are sold in China are made in China. BYD sold in the UK are made in China.

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[–] Gazumi@lemmy.world 15 points 2 years 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.

[–] LemmyIsFantastic@lemmy.world 15 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

[–] filister@lemmy.world 4 points 2 years ago (1 children)

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

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[–] airportline@lemmy.ml 4 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

[–] IHadTwoCows@lemm.ee 1 points 2 years ago

Hiw the fuck is Tesla the most popular when their cars are straight up trash?

[–] RvTV95XBeo@sh.itjust.works 1 points 2 years ago (1 children)

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

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

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

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