BYD’s Debt Soars to $73 Billion; Rapid Expansion Raises Concerns of Evergrande Repeat

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China Observer

China Observer

Күн бұрын

If we told you that BYD might be on the brink of financial trouble, would you believe it?
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Пікірлер: 1 000
@snakeplissken1754
@snakeplissken1754 7 күн бұрын
Honestly, what kind of muppet wants a 2 ton "sports car" that can do bunny hops.
@carlfromtheoc1788
@carlfromtheoc1788 7 күн бұрын
Little Pinks? CCP fanbois?
@markarca6360
@markarca6360 7 күн бұрын
We can find better ones in California.
@michaelnurse9089
@michaelnurse9089 6 күн бұрын
I once went to a car modding show in LA - let me tell, there were thousands of 'muppets' who would like one of those.
@jasperhorace7147
@jasperhorace7147 6 күн бұрын
The younger generations brought up on influencers and an education system which abandoned critical thinking for woke, left wing brainwashing.
@wizrom3046
@wizrom3046 6 күн бұрын
Kermit the flog
@Gurenn83
@Gurenn83 7 күн бұрын
BYD Build Your Debt? Got it!
@RemusKingOfRome
@RemusKingOfRome 7 күн бұрын
My post was delteed then S.B. criminals. j
@turnip9186
@turnip9186 7 күн бұрын
BYD = buy your death
@RemusKingOfRome
@RemusKingOfRome 7 күн бұрын
@@turnip9186 I had a similar post but it was deleted. beware,
@kamsunleong6648
@kamsunleong6648 7 күн бұрын
BYD projected to sell 4 million evs this year. Their 2024 third quarter net revenue USD28.2 billion up 24% year on year while net profit USD1.6 billion up 18% year on year. Why would they be concerned about their debt. Cash is flowing in all the time for debt servicing.
@kamsunleong6648
@kamsunleong6648 7 күн бұрын
​@@turnip9186 Bring your dollar. They are bigger than Tesla now.
@amadeusamwater
@amadeusamwater 7 күн бұрын
The auto industry seems to have the same flaw as the construction industry. Build it faster, don't worry about the quality. Then build something else.
@hitest8925
@hitest8925 6 күн бұрын
Grab the money, move along.
@ganeshram863
@ganeshram863 6 күн бұрын
This is known as TOFU DREG 😂😂😂😂😂
@markcasila8310
@markcasila8310 6 күн бұрын
all industries have the same flaw in zhina
@axeya366
@axeya366 6 күн бұрын
Spot on. Our government and regulators allowing this and no accountability.
@dreams2reality410
@dreams2reality410 6 күн бұрын
When your CEO drives a Ferrari, that should tell you everything. If their "super car" is soooo great, why doesn't the CEO drive his own dancing super car?
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 4 күн бұрын
Because he loves a cultish Statussymbol to Drive!
@mmuller2402
@mmuller2402 4 күн бұрын
​@@BrunoHeggli-zp3nlbecause he is not a moron that is why he is ceo and not a worker for this company 😂
@coquequique250600
@coquequique250600 2 күн бұрын
It's funny that you mention it, considering that Ford CEO is now daily driving a Xiaomi car
@hydrohasspoken6227
@hydrohasspoken6227 2 күн бұрын
Ford CEO drives a Xiaomi. Musk has a Porsche. For your INFO
@hobizoli
@hobizoli 2 күн бұрын
Mate Rimac has a BMW
@Radagast49230
@Radagast49230 7 күн бұрын
BYD, Bring Your Detonator! Our Products are environmentally friendly they dispose of themselves!
@kamsunleong6648
@kamsunleong6648 7 күн бұрын
Yet they sell more evs than the rest of the competition. Putting fear into Washington and EU. High tariffs won't stop them.
@riverlady982
@riverlady982 6 күн бұрын
Those things pollute everything while they burn down.
@zacksmith5644
@zacksmith5644 6 күн бұрын
​@@riverlady982 provide proof . Waiting Show ncap test results
@zacksmith5644
@zacksmith5644 6 күн бұрын
Noticed u didn't provide proof. Show ncap test results
@Tobycentresydney
@Tobycentresydney 2 күн бұрын
I was pretty sure its known as burn your drive way or burn your dealership lol.
@kananeesh7900
@kananeesh7900 6 күн бұрын
Chinese craftsmanship and quality are known worldwide to take shortcuts and are second to none. At least they are #1 at something and should take pride in that.
@jayethompson3414
@jayethompson3414 5 күн бұрын
Now imagine how “good” their naval/air/land force equipment quality is. Lol
@triadwarfare
@triadwarfare 4 күн бұрын
​@@jayethompson3414something something "quantity is a quality of its own". They'll just flood the waterways with their maritime militia ships.
@kananeesh7900
@kananeesh7900 Күн бұрын
@@triadwarfare and those maritime militia ships flooding the waterways will just flood themselves from the tofu dreg construction. China proud 🥹
@Maarten_vd
@Maarten_vd 5 күн бұрын
Where can i verify your claim of the debt? Because i have looked into the last report als the reported debt is much much lower. More like 7 billion USD
@markstarmer3677
@markstarmer3677 4 күн бұрын
I always try to avoid buying Chinese crap whenever possible.
@jamesplotkin4674
@jamesplotkin4674 6 күн бұрын
Dog shix still smells the same, even when you paint it pretty colors. The rust under that "crash beam" is the tip of the iceberg.
@justicedemocrat9357
@justicedemocrat9357 6 күн бұрын
Who the hell is shix?
@mmuller2402
@mmuller2402 4 күн бұрын
​@@justicedemocrat9357 shat or P00p is what come out of the rear when you crash one of these deathtrap
@aivatra
@aivatra 17 сағат бұрын
I needed to watch this. I was close to getting a BYD Seagull here in Costa Rica as a second car for the family bur my hesitation made me wait a bit longer before dumping the cash on it. Yes, it is incredibly affordable and the tiny car drives beautifully but long term reliability is my main concern. This video made me realize I was about to get me into future head aches and I’m too old to deal with that bullshit tbh
@ninawegmann2997
@ninawegmann2997 6 күн бұрын
These cars are not made to last, producing garbage, wasting resources.
@zacksmith5644
@zacksmith5644 6 күн бұрын
Prove it karen . Show ncap test results
@ninawegmann2997
@ninawegmann2997 5 күн бұрын
Look at Qquality and customer satisfaction in China, cars igniting suddenly. Beyond repair after a few years in operation, mentality of cutting corners.
@waynefergusson9987
@waynefergusson9987 4 күн бұрын
Which automaker produces cars that last and are not garbage that dont waste resources ?
@trazyntheinfinite9895
@trazyntheinfinite9895 4 күн бұрын
​@@waynefergusson9987toyota's hoing strong. Honda and Mazda. Aside from "special" edition products.
@jasondong9721
@jasondong9721 4 күн бұрын
@@ninawegmann2997do you know why Congress is spending billions on fake news Source is at congressional budget site
@cwilliams4227
@cwilliams4227 4 күн бұрын
If one was to do a little bit of research you would find..... "According to BYD's latest financial reports the company's total debt is $7.04 Billion USD." Considering the revenue that is low! "In the first nine months of 2024, BYD's net profit increased by 18.1% to 25.2 billion yuan. Their third-quarter revenue increased by 24% year-on-year to 201.1 billion yuan ($28.24 billion USD)."
@RodneyW
@RodneyW 19 сағат бұрын
I think that "China Observers" assertions about BYD's debt level are incorrect. They appear to have confused debt with total liabilities.. (BYD reported total assets of $109bn, and total liabilities of $85bn, with total debt of $7bn. Equity is $24bn, so debt:equity is 29%, but total liabilities as a proportion of assets are 78%). BYD's financials seem pretty solid to me.
@JEDIACERIMMER
@JEDIACERIMMER 7 күн бұрын
The central bank of China will bail them out Xi could not take the embarrassment of china's "best" car manufacturer going under. It will be the same for huawei. The CCP just can't not be seen to fail at anything they and china have to be seen as being the best!
@banelemdzanga2008
@banelemdzanga2008 6 күн бұрын
Like America saved Detroit in 2008,
@markcasila8310
@markcasila8310 6 күн бұрын
@@banelemdzanga2008 that was a complet diferent situation
@1queijocas
@1queijocas 6 күн бұрын
Agreed. BYD will be bailed out for sure
@JS-rz5gx
@JS-rz5gx 6 күн бұрын
Not so sure. They let Evergrande and co fail.
@1queijocas
@1queijocas 6 күн бұрын
@@JS-rz5gx they made evergrande fail by changing the rules overnight
@Woolymammoth-db1lt
@Woolymammoth-db1lt 7 күн бұрын
once those subsidies run dry... the crash will be big. edit: 10 yuan profit before govt subsidies?! they need those subsidies
@jameslopez5652
@jameslopez5652 7 күн бұрын
Brother, that was $.40 USD after subsidies. Without..... probably losing 15-20k USD per. Nuts huh!
@georgeburns7251
@georgeburns7251 7 күн бұрын
Why would subsidies end?
@subyunie1112
@subyunie1112 7 күн бұрын
@@georgeburns7251most likely because the government will run out of money. They already are.
@fireworm91
@fireworm91 7 күн бұрын
They won't let it happen. If they let it, it's to steal foreign money
@Woolymammoth-db1lt
@Woolymammoth-db1lt 6 күн бұрын
@@georgeburns7251 if they cant afford it the subsidies end. they are keeping byd alive as an image thing even though its a loss leader
@SG-js2qn
@SG-js2qn 7 күн бұрын
Yes, BYD is the next Evergrande.
@kobolds638
@kobolds638 7 күн бұрын
not going happen, BYD got sugar Daddy to rescue
@patrickt49
@patrickt49 7 күн бұрын
It will happen once they run out of space to dump their cars. Only then will they (people who aren't in the car industry) realize that it's not really being sold. Typical China strategy - out of sight, out of mind.
@kamsunleong6648
@kamsunleong6648 7 күн бұрын
. There is no comparison.They are selling more evs than ever before. Their projected sale for 2024 is 4 million evs. They have only just getting warm. Net revenue for the third quarter this year isc USD28.2 billion, a 24% increase year on year. While net profit is USD1.6 billion, an 18% increase year on year. Unlike Evergrande with their incomplete and unsold real estate.
@SG-js2qn
@SG-js2qn 7 күн бұрын
@@kamsunleong6648 🤷‍♂ We'll see.
@markarca6360
@markarca6360 7 күн бұрын
​@@kobolds638Sugar Daddy Xi
@_Arevan
@_Arevan 7 күн бұрын
In Germany, we call these cars "Seelenverkäufer"-an absolute death trap, especially considering the elevated exposure to wear and tear on our Autobahn.
@kamsunleong6648
@kamsunleong6648 7 күн бұрын
BYD evs have 5 star safety rating from Euro NCAP. Unless as a European you don't trust your own safety agency test results.
@_Arevan
@_Arevan 7 күн бұрын
@@kamsunleong6648 the prevailing attitude still is: chabuduo, or ‘close enough’ 😉
@PrettyRynyk
@PrettyRynyk 7 күн бұрын
@@kamsunleong6648 BYD got 5 stars after paying the EU safety inspectors big cash and threatens their families.
@markarca6360
@markarca6360 7 күн бұрын
​@@PrettyRynyk Bribery
@AGZF1983
@AGZF1983 7 күн бұрын
@@kamsunleong6648 not to mention Nio having access to Volvo's chassis,
@SSmith-fm9kg
@SSmith-fm9kg 7 күн бұрын
BYD "MIGHT" struggle to stay afloat this year." By falsifying sales figures, they're already sunk.
@SerendipityChild
@SerendipityChild 6 күн бұрын
Fitch rating for Byd is AAA, Fitch rating for Tesla is BBB
@zacksmith5644
@zacksmith5644 6 күн бұрын
Source ??? Proof ??? Waiting
@vanessali1365
@vanessali1365 6 күн бұрын
Not sunk yet but sinking fast, proof is in the byd graveyards in chn.
@3komma141592653
@3komma141592653 5 күн бұрын
Basically all economic numbers coming from China are fake. That is why actual economist use satellite pictures of the light pollution to predict the economic activity. Like they meat the CCP growth target every year since 20 years. Sure that must be true.
@4literv6
@4literv6 5 күн бұрын
Well said! Supposedly byd sells 2x the cars as tesla, but half are just phevs. Yet barely makes anything profit wise. Has 6x the employees vs feels and 4x the factories to pay for and over 10x teslas debt!
@hurdygurdyman1905
@hurdygurdyman1905 7 сағат бұрын
I live in Thailand -- BYD cars are everywhere.
@superslavco7332
@superslavco7332 6 күн бұрын
I don't see anything that a pack of noodles wouldn't fix
@junkscience6397
@junkscience6397 5 күн бұрын
LOL. You win!
@jugeerivera4916
@jugeerivera4916 5 күн бұрын
Good one
@pielalo05
@pielalo05 21 сағат бұрын
The Viking Electric presents an optimistic analysis of the Chinese automobile industry which contrasts with the deficit situation of all global automobile industries. His analysis avoids the fact that the recessions of the world's economies affect China's deflationary one.
@twentyofseven
@twentyofseven 7 күн бұрын
It's either BYD or By D, not By Y D.
@TrojenLee
@TrojenLee 7 күн бұрын
It's Bye YD
@michaelnurse9089
@michaelnurse9089 6 күн бұрын
You are wrong. He is saying bye because it is going "bye-bye".
@HeinzBuchler-vg9dx
@HeinzBuchler-vg9dx 6 күн бұрын
BYD, officially beyond your dreams
@ClaudioCarrera-j6o
@ClaudioCarrera-j6o 6 күн бұрын
@@HeinzBuchler-vg9dx wumao
@davidlinnartist
@davidlinnartist 6 күн бұрын
It was bugging me, too!
@smiechuwarte-qt8pn
@smiechuwarte-qt8pn 6 күн бұрын
No one here mentions that all these cars are made using 70s technology when it comes to bodywork. In Poland, a motoring journalist checked the paint thickness and composition of the best Chinese car pretending to be English with a non-measurement meter and the results are not good. I mean the MG HS model. It turned out that the entire chassis and roof of the car are made of non-galvanized sheet metal. You know what that threatens after the first winter with salted roads. Potential buyers are not informed about this because then they would have to take into account the costs of additional chassis maintenance. There is nothing that can be done about the roof apart from regular waxing.
@ChickensAndGardening
@ChickensAndGardening 6 күн бұрын
I'm curious how this initial flood of affordable EVs from China are going to hold out. They look great, the EV technology is great...but what about safety and build quality? The Western & Japanese auto makers have been doing this for 100 years and may be a bit stodgy and backward these days (other than Tesla) but they know how to build cars.
@smiechuwarte-qt8pn
@smiechuwarte-qt8pn 6 күн бұрын
@@ChickensAndGardening If someone knows Russian, they should watch on KZbin what happens after a year with Chinese cars in Russia. There are plenty of videos where the sunroof leaks like a sieve after rain. They break down frequently and the service centers do not want to fix the failures for free. About the Chinese MG, it is enough to read the responses of English owners because in the UK they are very popular cars (they do not have a good reputation).
@zacksmith5644
@zacksmith5644 6 күн бұрын
​@@ChickensAndGardening source v? Proof ???? Where is your proof
@zacksmith5644
@zacksmith5644 6 күн бұрын
​@@smiechuwarte-qt8pn ok prove it . Why russia ? Why not other nations ? U haven't provided proof Show ncap test results
@smiechuwarte-qt8pn
@smiechuwarte-qt8pn 6 күн бұрын
@@zacksmith5644 Watch the first video you come across with the title Китайский авто спустя год - ПЛОХО!
@randolphbienmateo8174
@randolphbienmateo8174 7 күн бұрын
NSYNC: "Bye Bye Bye Y D"😂😂(music intensifies)
@zacksmith5644
@zacksmith5644 6 күн бұрын
Source ? Proof b?
@j562gee0hdeewestsdegethemuLa
@j562gee0hdeewestsdegethemuLa 7 күн бұрын
Seems the formula is simple enough, start business, issue stock, transfer to crypto , file bk, relocate , repeat. This why they don’t care about image or quality
@m-71tx26
@m-71tx26 6 күн бұрын
BYD. Where quality isn’t even an afterthought.
@DJdoppIer
@DJdoppIer 6 күн бұрын
BYD: _"Look, our car can dance!"_ Everyone: _"But can it stop without crashing, or not spontaneously burst into fla-"_ BYD: *_"DANCING CAR, WHAT MORE YOU WANT, LA???"_*
@martinczejalski1543
@martinczejalski1543 3 күн бұрын
yeah looks like all test hours were spent on the parking lot, perfecting dance moves. when it came to road testing, the time was up and it was assumed all will be ok? lol
@k.chriscaldwell4141
@k.chriscaldwell4141 6 күн бұрын
BYD opened sales in MX. A country with poor electricity service and worse local grids. Hiilarious.
@Rod_Knee
@Rod_Knee 6 күн бұрын
Considering the amount of fires in BYD vehicles, a friend of mine calls them "Burn Your Driveway".
@zacksmith5644
@zacksmith5644 6 күн бұрын
Prove it . Show ncap test results
@Rod_Knee
@Rod_Knee 6 күн бұрын
@@zacksmith5644 CCP ball-washer detected, and blocked. Enjoy the echo-chamber of your own making.
@ericrawson2909
@ericrawson2909 5 күн бұрын
For years I have been waiting for someone to produce a car with that sort of active suspension that can drive over speed bumps without you even feeling them. Radar range finding unit senses road profile and pulls up the wheel as it start riding up a speedbump and pushes the wheel back down as you drive off it. Do it just right and there will be zero change in the force transmitted to the car body.
@kobolds638
@kobolds638 7 күн бұрын
most of these gov enterprises are in debt and depend on subsidize to survive .
@zacksmith5644
@zacksmith5644 6 күн бұрын
That's tesla
@bunyaminozturk-tm9mi
@bunyaminozturk-tm9mi 5 күн бұрын
BYD's actual debt is closer to $7 billion rather than the much higher $73 billion figure. The confusion likely stems from BYD's enterprise value, which stands around $109 billion, encompassing both debt and equity adjustments but does not represent direct debt. BYD maintains a relatively manageable financial position, with a debt-to-equity ratio of around 0.29 and strong cash reserves of about $13 billion, which effectively keeps it in a net cash position of around $6 billion. Overall, BYD's debt load appears sustainable given its cash flow and asset structure
@alvinyong9370
@alvinyong9370 5 күн бұрын
I agree with you. Total debt by itself has no meaning. This video is meant to deceived simpletons. Not for informed people like you.
@peak-oil4751
@peak-oil4751 4 күн бұрын
That's exactly why I still hold BYD stocks and sold Tesla. Just take a look at the facts.
@coolinmac
@coolinmac Күн бұрын
@@peak-oil4751idiot
@RandomCaliforniaAdventure
@RandomCaliforniaAdventure 7 күн бұрын
Nearly every single "Chinese" created vehicle brand that came to the market has been nothing but a copy n paste of another established brand. The one thing Chinese or China seem to excel at is literally "cutting corners" at every corner possible! From their every day tofu building to now tofu vehicle.
@zacksmith5644
@zacksmith5644 6 күн бұрын
Source ? Proof ? Where is your proof ? Which part ? Which model ? Which part is copied ? Any proof of your claim?
@baggiemaggie3832
@baggiemaggie3832 6 күн бұрын
​​@@zacksmith5644 Its called having eyes that can see and a mind that can notice. Being 100% reliant on some paper to inform you of reality is how you become propagandized. Who overwhelmingly writes these proof you demand of? What process did it undergo to be published? Why do you think that's any more reliable than anything else? Academia and journalism isn't what it once was. When dealing with a nation infamous of "saving face" by forging quality and hiding its flaws, are you really just going to swallow figures published by publicly released official channels just like that? Pitiful.
@RechargableBattery
@RechargableBattery 3 күн бұрын
Trust me most of what's in this video will be proven incorrect if not already.
@crazyidiot5309
@crazyidiot5309 7 күн бұрын
77% is not recoverable. Bad times ahoy.
@laraserviciosca5983
@laraserviciosca5983 5 күн бұрын
Aló automaker have debt
@crazyidiot5309
@crazyidiot5309 5 күн бұрын
@laraserviciosca5983 not this kind.
@ZoomZoomMX3
@ZoomZoomMX3 7 күн бұрын
No car company that makes garbage would survive in north America. That's why i laugh at the idea of Chinese cars coming to usa or Canada because they wouldn't sell after being reviewed.
@davidradtke160
@davidradtke160 7 күн бұрын
Naw, they will for a few years if they are cheap enough.
@garrymajor7528
@garrymajor7528 7 күн бұрын
And yet the voted Donald trump in.
@AGZF1983
@AGZF1983 7 күн бұрын
and even in Europe where theirs a strict quality checks.
@rs1803
@rs1803 7 күн бұрын
The CEO of Ford owns a Chinese EV and openly talks about how much he loves it.
@AGZF1983
@AGZF1983 7 күн бұрын
@@rs1803 wouldn't it be more like testing it?
@extremejoy
@extremejoy 6 күн бұрын
Question: how can ANY company spent $8.9 billion on R&D when they never have R&D department? All of their products came from copying other brands which shouldn’t cost $8.9B. I accepted that it’s a double edged sword: spending time doing it right will have them ended up like Rivian BUT having weak foundation & “fake it ‘til you make it” like they have now will land them like Evergrande.
@DavidCooper-bn6te
@DavidCooper-bn6te 7 күн бұрын
I must agree with your report's analysis, but please note that there is a world of difference between "craftsmanship" and workmanship. A true Craftsman takes pride in their work. A workman merely finishes one task as the assembly line keeps moving along . QC(quality control) is supposed to catch any defects, but that's generally after the product has already rolled off the production line. Build quality is designed into a product. The short duration of the cycle from CAD to rapid prototyping to hitting the assembly line ensures that"planned obsolescence" is inherent, hence the over-production of models either lacking features or ones overladen with things no one really wants. (not willing to pay more for) The "dancing car" is a prime example of this. It serves no purpose, other than for showing off while it's shouting "Hey! Look at me. Look what I can do. Your car can't do that!" BYD will have to learn the hard way l suppose. Safety and reliability must be of paramount importance. Not glitzy gimmicky gizmos that are sure to break down and incur expensive repair bills. As an American, l feel that transportation is to get me from Point A to Point B, with safety and dependently ranking the highest. I don't need it to go 200 mph, have self-driving capability or offer me a latté with all the latest in entertainment. It's obvious that without the massive subsidies BYD would have ceased to exist. Based upon the price of their vehicles, they're clearly intended for the export market. In case the execs at BYD didn't get the memo, both the EU and the US are planning on tariffs that will render it's products "over-priced" and irrelevant. BYD is living in a fairytale world and soon it's all going come crashing down around them.
@triadwarfare
@triadwarfare 4 күн бұрын
I think if you're an American, cupholders are more important than safety. I think that's what the Japanese learned what sells over there.
@markwilson1096
@markwilson1096 4 күн бұрын
@@triadwarfareJapanese learned Americans desire reliability after domestic brands lacked longevity and resale value, something china will need to learn
@Jifdman
@Jifdman 4 күн бұрын
Nio's day of dominance is coming!!! Battery Swap is the winning business model in the EV industry.
@edgardogemina5699
@edgardogemina5699 7 күн бұрын
BYD are new in my country but their sells kinda worst because people are afraid of the maintenance because of the brand is new in my country The parts is kinda rear Unlike Suzuki.
@NguyenNguyen-rk1qx
@NguyenNguyen-rk1qx 7 күн бұрын
Bạn đến từ quốc gia nào ? Có vẻ BYD ở chỗ chúng tôi bán cũng khá tệ ! 😂
@RodgerEddy
@RodgerEddy 7 күн бұрын
Bring Your Doctor
@PaliVCiernom
@PaliVCiernom 19 сағат бұрын
VW is at $220 billion..
@robinburn4974
@robinburn4974 6 күн бұрын
And they're selling this crap in the UK
@davidstud3952
@davidstud3952 3 күн бұрын
don't these get screwed by the import tariffs in the UK as well?
@SlipperyArmpits
@SlipperyArmpits 3 күн бұрын
I guess the uk has done no safety tests or inspections at all on these cars
@lynchygt233
@lynchygt233 Күн бұрын
I can’t help but laugh when I see one on the roads here, how can you be so stupid to buy one, like really what were they thinking?
@deeproller
@deeproller 6 күн бұрын
How can our governments and vehicle safety standards that are set by our laws be bypassed and these dangerous vehicles be allowed to be imported and sold ……. ?
@ashleycampbell6825
@ashleycampbell6825 6 күн бұрын
2 Production Lines. One [minimal quality] for the local market. Supposedly the better quality production line for the export market.
@MasticinaAkicta
@MasticinaAkicta 6 күн бұрын
Made in China!
@patricksmith7062
@patricksmith7062 6 күн бұрын
It won't even matter no one will buy them in the US. Electric vehicles got a long way to go before being used widely here. That's why Hertz is hurting the spent to much on EVs that nobody rents from them
@vueport99
@vueport99 6 күн бұрын
Corruption
@mmuller2402
@mmuller2402 4 күн бұрын
​@@ashleycampbell6825😂 no that is what china wants you to think! They will cheat and reduce every part after testing.... Corruption and no values is why 😮
@dzcav3
@dzcav3 7 күн бұрын
At 7:25 in the video, you can see the upper control arm for the front wheel just barely above the tire tread. In winter driving, this would be exposed to a continuous salt water spray which would cause it to rust and break within a few years. Imagine driving down the road when your front suspension and steering suddenly collapses and causes your car to go out of control. If you say that BYD will shield the control arm, there will not be enough clearance for the tire.
@adoreslaurel
@adoreslaurel 4 күн бұрын
Why would you want a car from a country where any employee of a company has no incentive to do a proper job because if they complained about the standard of assembly and construction, they would get fired or worse.
@shaunvduke
@shaunvduke 2 күн бұрын
Boeing make cars?
@adoreslaurel
@adoreslaurel 2 күн бұрын
@@shaunvduke Am I on the wrong page?
@happyzahn8031
@happyzahn8031 6 күн бұрын
How can a company even get into that much debt making/selling cars ?
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 4 күн бұрын
Thats hust normal!
@allangibson8494
@allangibson8494 3 күн бұрын
Ask Ford and General Motors… They have more debt.
@noeltan3596
@noeltan3596 4 күн бұрын
The definition of profit is revenue minus all input cost. R&D costs are already factored in.
@kezzatries
@kezzatries 6 күн бұрын
With the Australian government welcoming them in here, I don't think it will be too long before similar problems to happen here.
@SerendipityChild
@SerendipityChild 6 күн бұрын
Scraping our domestic vehicle manufacture technology put us into a vulnerable position
@zacksmith5644
@zacksmith5644 6 күн бұрын
Where is your proof ? Show ncap test results
@zacksmith5644
@zacksmith5644 6 күн бұрын
​@@SerendipityChild source ? Proof b? People decide what they want to buy . Who are u to stop people from their choice ?
@JS-rz5gx
@JS-rz5gx 6 күн бұрын
​@@SerendipityChildNo it didn't. Australian made cars were crap quality (although not Chinese crap). Also, there are plenty of non Chinese countries that manufacture cars.
@SerendipityChild
@SerendipityChild 6 күн бұрын
@JS-rz5gx sure buddy. Not being able to make cars is actually a good thing, and makes the supply more assured, better quality, and cheaper
@kitatit
@kitatit 6 күн бұрын
And this is why I won’t consider a Chinese vehicle for at least another 5yrs. It’s not like buying a phone or a toaster. Long term support and reliability are paramount. The odds of you car becoming a scrap metal brick when the manufacturer goes bankrupt are significant.
@TheBigExclusive
@TheBigExclusive 7 күн бұрын
9:00 - " Relying on Chinese parts raises costs significantly and adds to reliability safety issues. " Wait what? How? Shouldn't using locally produced parts LOWER costs? You don't have to ship it from overseas. And why would it make safety issues worse? If safety is a problem, then improve the quality of parts.
@TanDJServices
@TanDJServices Күн бұрын
Why are you pronouncing it BY Y D if BYD stands for Build Your Dreams?
@theodociocozanitis5437
@theodociocozanitis5437 6 күн бұрын
When Europe and USA stops buying Chinese cars this company may close after heavy discounts with other Chinese cars manufacturer
@protow5041
@protow5041 6 күн бұрын
Its such a small niche that like bouncing cars, how did they see a lowrider show and think that's what the average Chinese person wanted? Only themselves to blame
@hitest8925
@hitest8925 6 күн бұрын
Why do you ask why? They don't care about the quality of their products because they don't care about the quality of their customers. Ironic that one of the longest-lasting civilizations couldn't care less about the future of its citizens.
@lucianbel29
@lucianbel29 6 күн бұрын
I wonder what will happen to the actual users of BYD cars when the company will become bankrupt, an event that is very possible to happen in the near future giving the huge debt of the company.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl 4 күн бұрын
BYD is in good health!
@adrianvintila5077
@adrianvintila5077 6 күн бұрын
I think these guys have figured it out. They know the the average customer will always go for a car with a built-in Karaoke system over a car with extra safety system. Who cares about high quality engineering? Just put some gizmos in it so I can impress my friends
@mmuller2402
@mmuller2402 4 күн бұрын
Typical unexperienced chinese driver... in europe it will not work, we have some casualties/death by crash history 😮
@l33t007
@l33t007 6 күн бұрын
My 15yr old Toyota gas powered car is still going like a beast and all I've done is maintenance.❤😂
@sparkiekosten5902
@sparkiekosten5902 7 күн бұрын
I must be dumb as I thought a company first rule is to make money thereby increasing output and increased quality!
@Walter-wf8kd
@Walter-wf8kd 6 күн бұрын
You are a lousy communist😂
@juhajuntunen7866
@juhajuntunen7866 7 күн бұрын
One my of coworker buy BYD last June. Lets see if it is still in use next summer...
@zacksmith5644
@zacksmith5644 6 күн бұрын
I own one for lazy 3 years . Runs fine . Your point ?
@Whatreally123
@Whatreally123 4 күн бұрын
Whether chinese made or not, EVs suck.
@jasperhorace7147
@jasperhorace7147 6 күн бұрын
And I see this junk driving around in New Zealand. Should have bought a Toyota‼
@schloops8473
@schloops8473 6 күн бұрын
Ban ALL chinese EVs, computers, phones and apps NOW!
@angleseyandy9110
@angleseyandy9110 6 күн бұрын
Better still ban all EVs
@schloops8473
@schloops8473 6 күн бұрын
@@angleseyandy9110 I don't mind some EVs... got to hone the tech. But there is zero reasons why we should play the ccp's game of de-industrializing us through illegal dumping to help them in their coming war against us
@SerendipityChild
@SerendipityChild 6 күн бұрын
You don't want to be able to buy iPhone?
@zacksmith5644
@zacksmith5644 6 күн бұрын
​@@angleseyandy9110 don't use that phone then
@pottacoola
@pottacoola 6 күн бұрын
@@SerendipityChild iphones are made in india now
@BrunoHenriquesHasper1
@BrunoHenriquesHasper1 7 күн бұрын
A car that shakes and blinks. Very like those boom boxes full of lights from China that we know how bad they sound.
@ThailandTerry2024
@ThailandTerry2024 7 күн бұрын
And BYD wants to start selling vehicles in America? I don’t think that will happen under the Trump Administration, the applied tariffs that Trump proposes would take a large share of BYD’s profit. I don’t think BYD vehicles will pass America’s safety tests to allow them to be sold here in the States anyway …
@mandtgrant
@mandtgrant 6 күн бұрын
Biden already put a 100% tariff on Chinese EV's
@Calamity_Jack
@Calamity_Jack 6 күн бұрын
If the profits to be had are big enough, he'll just get rid of that testing department.
@ThailandTerry2024
@ThailandTerry2024 6 күн бұрын
@ It appears you know nothing about liability claims and responsibility…
@JojoJoget
@JojoJoget 6 күн бұрын
Tarrifs push costs on importers, not BYD themselves, customers and dealerships bear the costs
@ThailandTerry2024
@ThailandTerry2024 6 күн бұрын
@ Yes, I know that but by attaching a high tariff to Chinese imports, the American buyers will not be funding the CCP (who also finances their automotive manufacturing industry) and by purchasing a American manufactured car they can keep American auto workers working. Notice how and did not mention the poor safety issues or standards regarding Chinese manufactured vehicles or anything about their manufactures stealing technologies without any repercussions from other car makers …
@acejustace9180
@acejustace9180 6 күн бұрын
how to become the number 1 car seller according to BYD: 1. make a lot of cars 2. buy it yourself 3. park at an empty plot of land hopping to 'resell' them 4. repeat
@noahknight4039
@noahknight4039 7 күн бұрын
BYD going under would be like 3 to 4 major car manufacturers like Ford, Chevy and Honda going under all at once. It would be so devastating to the Chinese economy the government likely won’t let them fail. Same with Huawei but to a far lesser extent.
@patrickt49
@patrickt49 7 күн бұрын
What is "buy Y D"?
@Michael9-23-15
@Michael9-23-15 7 күн бұрын
You buy ,you dye
@jasonsparks1726
@jasonsparks1726 7 күн бұрын
Buy You Douche!!
@pottacoola
@pottacoola 6 күн бұрын
Buy yd, get it you buy yd or you bye yd
@wheezysqueezebox7651
@wheezysqueezebox7651 7 күн бұрын
BRD skups costly testing, and jumps to making dancing cars... That sometimes spontaneously combust!
@richardbors214
@richardbors214 4 күн бұрын
BYD’s Net debt amounts to ca. 7-8 bn $. Where did you get the 500bn yuan (ca. 70bn $)?
@makeaniiimpactYT
@makeaniiimpactYT 3 сағат бұрын
Temu-tesla never had a chance
@lance8080
@lance8080 6 күн бұрын
Trying to copy a Corvette 🇨🇳😢
@shanewilfon6860
@shanewilfon6860 7 күн бұрын
Wtf would u buy a tofu ccp ev over a Tesla??? 😂😂😂
@toto6toto
@toto6toto 7 күн бұрын
😂😂😂😂 this is literally the expensive toys. 😂
@Nookdashiddole
@Nookdashiddole 7 күн бұрын
How about neither😂
@kamsunleong6648
@kamsunleong6648 7 күн бұрын
Tofu brain may not. But the rest of us will. They already outsold Tesla in Asean. They also control 53% of the market in Latin America. The next could be Down Under. They just got started.
@phnx4life
@phnx4life 7 күн бұрын
I wouldn't buy either one..
@PrettyRynyk
@PrettyRynyk 7 күн бұрын
Are you living under a rock? Only poor people buy Chinese products if they ain't broke they would go for Western products.
@bigphinis675
@bigphinis675 7 күн бұрын
Dancing Car LOL Americans have had this for over 30 years
@markarca6360
@markarca6360 7 күн бұрын
Especially in California.
@lianghou7000
@lianghou7000 6 күн бұрын
As a retail model? Show me 😂
@adrianchin2970
@adrianchin2970 7 күн бұрын
BYD is not making cars but making toys car. 😂😂😂😂😂 Cheap quality ignore car safety. Did they having approval crash car testing before roll out their products 😂😂😂
@phnx4life
@phnx4life 7 күн бұрын
BYD..Buy Your Debt.
@markarca6360
@markarca6360 7 күн бұрын
Big Yuan Debt
@Calamity_Jack
@Calamity_Jack 6 күн бұрын
Bargain Yard Dumpster
@jooch_exe
@jooch_exe 6 күн бұрын
I'm starting to appreciate the Chinese comedy.
@zacksmith5644
@zacksmith5644 6 күн бұрын
Still 0 proof on byd.
@tymz-r-achangin
@tymz-r-achangin 5 күн бұрын
BOTTOM LINE! Dont be stupid by thinking the quality increases as you keep paying ridiculous prices for things!
@joe2mercs
@joe2mercs 6 күн бұрын
Like the cartoon character ‘Wiley Coyote’, BYD is running in mid air defying financial gravity. At some point gravity will win and BYD will come down with a bump. The Chinese government support for car companies has created money pits instead of cash cows.
@KayinStafford
@KayinStafford 7 күн бұрын
China observer/China uncensored collab when?
@DrTofutybeast
@DrTofutybeast 5 күн бұрын
This channel likes to rag on China... And much of it is well deserved. There are a number of vecials from China that I would be interested in buying... Mostly electric Mini cars and Vans.
@SlavTiger
@SlavTiger 7 күн бұрын
ah yes, release crap and sue a random guy for doing a better job with aftermarket parts, that will up sales /s
@zacksmith5644
@zacksmith5644 6 күн бұрын
Source ?
@AandKs
@AandKs 5 күн бұрын
I live in China and BYD cars are everywhere. All government departments have fleets of BYD, I highly doubt they will sink. They are too big and important to the country.
@gyrateful
@gyrateful 7 күн бұрын
That pentagon mall is empty except for a farmer's market.
@Dhoggy
@Dhoggy 6 сағат бұрын
They're not building to order, so sales aren't linked to production. When the government subsides expansion. The fact that they build the most does not mean they outperform the others.
@gusruz2001
@gusruz2001 7 күн бұрын
Chinese copy cat products 😮😮😮😮
@ashleycampbell6825
@ashleycampbell6825 6 күн бұрын
BYD are now available in Australia but not that cheap. My son bought an as new salvaged "Chinese" brand utility instead of a Toyota Hilux utility vehicle. I had a decent conversation with him and his decision was based upon getting 5 years use then scrapping the vehicle. It was a disposable purchase not a long term ownership one.
@kezzatries
@kezzatries 6 күн бұрын
I see his point. I hope he remains safe from the vehicle over the next 5 years.
@arvee9657
@arvee9657 7 күн бұрын
BYD will Burn Your Dream! 😂
@kawings
@kawings 5 күн бұрын
not only happens to BYD but it includes to all Chinese big companies. Most of the Chinese companies are not operating independent as they were tied up with the government economic policy. I will not going to say this is wrong but at least if the government is efficient enough, these companies would still have a chance to stay on top
@freddychicaiza7818
@freddychicaiza7818 4 күн бұрын
Totally biased video against BYD, full of inaccurate data
@Popopop_on_se_calme
@Popopop_on_se_calme Күн бұрын
These are the cars sold on the Chinese market; where safety norms are WAY far from ours. That’s why it’s popular: so cheap to produce. And even with our norms and import tax es, they still make margin. Crazy. But I wouldn’t buy one of these: depreciation on the after market is too big.
@brianszymanski2971
@brianszymanski2971 6 күн бұрын
BYD=Burn Your Dreams.
@zacksmith5644
@zacksmith5644 6 күн бұрын
Show proof oldy I ll wait
@nikolatasev4948
@nikolatasev4948 3 күн бұрын
Links with sources would have been nice.
@dc_model3
@dc_model3 6 күн бұрын
Buy Your Disaster is BYD
@torentmonkey
@torentmonkey 6 күн бұрын
They make a great push trying to put others out of business but if they don't manage to do that they are done. People will see with time ( if not on face value when driving the car ) that these cars are not cheap just because of chinese govt. At that moment, those that survived this wave will jump and we are back on track.
@CasperWang-n1k
@CasperWang-n1k 6 күн бұрын
BYD executives are smuggling their money overseas.
@zacksmith5644
@zacksmith5644 6 күн бұрын
Source ??? Proof ???
@CasperWang-n1k
@CasperWang-n1k 6 күн бұрын
@ my best buddy is sending their money to Hong Kong and from there to USA in purchasing real estate in California with cash. There is your source and proof. Check out the mainland Chinese in Newport Beach and Irvine where houses are paid in cash.
@lionrock2023
@lionrock2023 6 күн бұрын
it is high but not that high General Motors' (GM) total debt as of December 31, 2023 was $121,741 billion, which includes $82,773 billion in long-term debt and $38,968 billion in short-term debt and the current portion of long-term debt. This is a 9.03% increase in long-term debt from 2022.
@muratduman3319
@muratduman3319 3 күн бұрын
Haters gonna hate
@roshellboudreaux6263
@roshellboudreaux6263 7 күн бұрын
China got low riders. Watch out Los Angeles China calling shot gun.
@St.Maurice
@St.Maurice 7 күн бұрын
Can I have a source for that $73 billion in debt?
@yhくん
@yhくん 7 күн бұрын
^^^
@thelaptoptraveller
@thelaptoptraveller 6 күн бұрын
Crickets
@bernoulli01
@bernoulli01 6 күн бұрын
The source mentioned in the video is "a concerned individual familiar with the Chinese automotive sector" who reviewed the latest mid-year report. The odd thing is that the debt stated ($73B) is around 10 times higher than that of the latest financial statement.
@St.Maurice
@St.Maurice 6 күн бұрын
@@bernoulli01 I’m not disputing the numbers. I just wanted to read the data for myself. I just want to know if this channel has credible information, otherwise I’ll have to block it.
@bernoulli01
@bernoulli01 6 күн бұрын
@St.Maurice my point really is that you should dispute the numbers. All other sources state a much lower debt. China Observer is very biased. Why do they need to cite an anonymous source who has read the financial report instead of just citing the actual report?
@bikepartsbikeparts9224
@bikepartsbikeparts9224 Күн бұрын
Buy You Don’t, don’t buy any vehicle from a country with a repressive regime, period.
@TheAporkalypse666
@TheAporkalypse666 7 күн бұрын
You have GOT to stop saying "BYE WI DEE". That's not how you pronounce the letter B. It's "BEE" BEE WI DEE.
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