this post was submitted on 07 Jan 2024
194 points (91.5% liked)

World News

39023 readers
2321 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

When China’s BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles, casual observers of the auto industry might have been surprised.

But what’s caught other carmakers around the world off-guard is something else about BYD, which is backed by Warren Buffett’s Berkshire Hathaway: its low prices.

“No one can match BYD on price. Period,” Michael Dunne, CEO of Asia-focused car consultancy Dunne Insights, told the Financial Times. “Boardrooms in America, Europe, Korea and Japan are in a state of shock.”

BYD can keeps its costs low in part because it owns the entire supply chain of its EV batteries, from the raw materials to the finished battery packs. That matters because a battery accounts for about 40% of a new electric vehicle’s price.

(page 2) 50 comments
sorted by: hot top controversial new old
[–] DingoBilly@lemmy.world 2 points 10 months ago

This is good, nice to finally have competition.

Tesla is extremely overrated (as can be seen by them repeatedly lowering prices now that any competiton exists).

And the BYD is a nice little car. I test drove one and was quite surprised how many features it had.

Hopefully others will follow suit. The EV market up till now has just been overly expensive cars unfortunately which hurts adoption.

[–] Jagermo@feddit.de 1 points 10 months ago* (last edited 10 months ago)

I drove an atto 3 and a Mercedes gla, both for an extended weekend, same destination. I would always pick atto. Better features, easier to use and, most important, actual room to store stuff for the family. Especially the head and legroom in the back, it's not even funny how cramped the back seats in German cars are. We have been hustled.

load more comments
view more: ‹ prev next ›