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BYD, the World’s Biggest Electric Car Maker

64 pointsby zerogvtabout 6 years ago

8 comments

ThePhysicistabout 6 years ago
I’m currently in China and impressed by how many electric vehicles you find on the road: Not only buses but also many cars and scooters. Besides their own brands like BYD I saw a fair amount of Teslas as well, more than in Germany. Pretty impressive how things changed since I’ve visited the country last time (10 years ago), personally I think China will easily beat Europe in switching to renewables. In general the infrastructure there improved drastically it seems, many highways, train connections and public transport systems like metros are on par or slightly above Western standard I’d say.
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tim333about 6 years ago
World&#x27;s biggest is a bit questionable. As of 2018 BYD sales $16bn, Telsa $21bn. Growth over previous year approx 24% BYD, 90% Tesla.<p>Charlie Munger remains a BYD fan - &quot;BYD is going to be huge electric vehicles. They are already huge. And they’re going to be much more huge...&quot; <a href="http:&#x2F;&#x2F;latticeworkinvesting.com&#x2F;2019&#x2F;03&#x2F;03&#x2F;charlie-munger-full-transcript-of-daily-journal-annual-meeting-2019&#x2F;" rel="nofollow">http:&#x2F;&#x2F;latticeworkinvesting.com&#x2F;2019&#x2F;03&#x2F;03&#x2F;charlie-munger-fu...</a>
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11thEarlOfMarabout 6 years ago
What occurs to me is the different approaches to attacking the same market. BYD, at least as characterized by the author, took an incremental approach to learning the technology and market, starting with buses as a kind of low-hanging fruit and then building on that learning.<p>Tesla identified the primary market challenge of range anxiety and design &amp; performance stereotypes went straight at them with high consequence investments in charger infrastructure, battery technology strategies, gigafactory, &#x27;appealing&#x27; design, and incredible performance. It&#x27;s kind of a tortoise vs. hare and at least as far as this article is concerned, both approaches are having success on their own terms.
AFascistWorldabout 6 years ago
<a href="https:&#x2F;&#x2F;www.latimes.com&#x2F;local&#x2F;lanow&#x2F;la-me-electric-buses-20180520-story.html" rel="nofollow">https:&#x2F;&#x2F;www.latimes.com&#x2F;local&#x2F;lanow&#x2F;la-me-electric-buses-201...</a>
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benj111about 6 years ago
&quot;Their engines had been installed a few moments earlier&quot;<p>Don&#x27;t they mean motors? Or are they interchangeable in this context now?
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epynonymousabout 6 years ago
i live in shanghai and have ridden in many byd&#x27;s, basically the compact car model is very popular for didi drivers which is the equivalent of uber&#x2F;lyft here. I&#x27;m not 100% certain if that compact byd is 100% electric, but it seems to drive quiet. There are government incentives to buy electric cars, less tax, lower price, the license plate is also a lot cheaper. In shanghai a license plate costs 100k rmb (15k usd) and you have to compete with tens of thousands others in a lottery system to get the right to buy one in the first place, for electric cars it&#x27;s less than 100 usd. Some workarounds are to purchase a license plate from out of shanghai, but that means you can&#x27;t drive on the highways and expressways during rush hour traffic (7:00-10:30 and 15:00-20:00 mon-fri), if you&#x27;re caught by any of the millions of cameras, that&#x27;s a 3 point fine and 200 rmb (you get 11 points per year which means you need to retake drivers ed. And re-test).<p>The byd&#x27;s i&#x27;ve ridden in seem ok, quite underpowered, but good for city driving, i don&#x27;t know how good the mileage is for one charge, but it&#x27;s comfortable to sit in for a small compact, never had an issues with it as a passenger. Then again, i would never buy one of these myself, it&#x27;s about 280k rmb, this is for a domestic car, there are a lot of other choices at that cost point for foreign cars even.<p>I just test-drove a model x tesla today, much nicer, but not the same price point, about 790k rmb.<p>I think warren buffet or someone invested a lot in byd, they have an suv version, too.
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deesepabout 6 years ago
BYD is a an acronym for “build your dreams” :)
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Waterluvianabout 6 years ago
I&#x27;m completely ignorant of the topic. Are Chinese auto safety standards any good? Would these cars be allowed on North American or European roads?
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