How the CEO of BYD saved the company 3 years ago

[@electricviking]

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[@HybridMotors-Africa]

Sam, it was not a whim, they invested because the CEO is an incredible, innovative engineer and brilliant businessman who builds anything he gets his hands onto. Munger said Wang Chang fu is a combination of Thomas Edison and Jack welch put together.

[@davidpearn5925]

Jack Welch.....is a way of insulting reputable business people. GE would like that time over again.

[@r.j.9683]

my friend has BYD sedan, it's amazed me.

[@sinoleao]

model han?

[@darnielng]

From consumer's perspective it's a win. For decades, the EU cars are over priced. Unreliable. Also the arrogance from the sales offices. Overpriced maintenance. Don't even need to mention American Cars. They have been horrible since the 90s. American's brainwashed to only buy bigger is better, 5L, V8 fuel guzzelers. Muscle cars that cannot take corners. Rusts in year 5. The Japanese, the problem is there is not much innovation. and most of the brands in our country are controlled by local cronies / distributors that monopolise and do not care. A toyota's interior is like 12 years old. It's just reliable. that is all. Then came the Chinese cars. that took all these and fixed all the problems no one cared to fix all in last 3 decades. a) cost b) reliability c) performance d) features & innovation

[@chilzone966]

Chinese manufactures have to compete with Tesla's safety, quality, reliability, performance. Because Tesla is THE Brand for the worldwide EV market that their Chinese competitors are aiming at. Japan and Germany trying to milk hybrid profits are getting smacked in the mouth, with dead ICE sales and now BYD taking away their profit on hybrids. The revolution is not being televised but it electrified. OEMs sitting petrified in the ELECTRIC chair.

[@avalagum7957]

Everything you said is correct to me except Chinese car reliability. How do you know that Chinese cars are reliable?

[@markuc]

​@@avalagum7957huge domestic market with picky customers that cares about everything, including reliability. To succeed in this market reliability is a key factor.

[@MelvinStaRita-yb2fm]

Give Chinese 5 years to see if they are really reliable.

[@viyusavery248]

​@@avalagum7957the Chinese don't need time to prove reliability in the traditional sense Modern thinking will easily prove reliability through manufacturing maturity, not the product but the supply chain itself How much years have said plant made parts for the rest Of the world

[@snookmeister55]

If what I heard here is true, BYD grew 400% over 4 years. No wonder legacy is in pain.

[@Tl-cl3ou]

BYD delivered ~420k passenger vehicles in 2020. This year BYD is on track to deliver 4.2M. So the growth over 4 years is closer to 1000%.

[@4literv6]

Yup almost as impressive as tesla going from 180k in 2017 sales to over 1,800,000+pure ev sales to end 2023!

[@snookmeister55]

@Tl-cl3ou Thanks. BYD had quite an impact on the global market.

[@Rubicon365]

BYD just launched a mini mpv M6 in Malaysia with a very attractive price.. I am drooling over it 😮

[@LegendaryInfortainment]

I thought you'd produced a video for us already showing a bold CEO doing exactly the right thing, and he was gouging a Mercedes S class car with his key. I thought he was brilliant. Thanks again Sam.

[@lvjinbin28]

Fang Cheng Bao means Equation Panther Yangwang means Look Up/Admire

[@MGZetta]

I like Chinese with their meaningful and inspirational names but brand names should be shorter, catchier, easier to learn, and more iconic. Especially when the brand is going global, non Chinese speakers will not care about how "deep" the name is. They only care about how it sounds and looks.

[@passby8070]

Or leopard formula...

[@SamuelSo1018]

​​@@MGZettain Chinese these names are short and catchy，we just dont give a f how non-Chinese thinking

[@MGZetta]

@@SamuelSo1018 I can tell they don't give a fuck, but if they don't care about global reach, that's their loss. Also there are many brands created to go global, they're just not happen to be as popular as BYD and its under brands yet.

[@alphaomega1969]

Even if Buffett didn't invest in BYD it would still be successful today

[@criztaliz3413]

Byd is more acceptable in global scene because foreign investment, if they didn't get that slice of pie. There will be endless badmouthing to destroy the brand. 😊😊

[@alphaomega1969]

@@criztaliz3413 The reason many US investor rushed to china is because Chinese Market capital is astronomically immense and they are huge profit. The industrial boom of 1900 happen because Chinese sharing their tech with the West for peace with Britain. SpaceX is a combination of all Chinese private space startups Tesla is also Chinese startup investment due to trade deficit

[@alphaomega1969]

@@criztaliz3413 The reason many US investor rushed to china is because Chinese Market capital is astronomically immense and they are huge profit. The industrial boom of 1900 happen because Chinese sharing their tech with the West for peace with Britain. SpaceX is a combination of all Chinese private space startups Tesla is also Chinese startup investment due to trade deficit

[@undisclosedthai]

Buffett, as a world-famous investor, accepts BYD, which helps the world accept BYD more.

[@LandGrabbingIndia]

@@undisclosedthai No amount of investments will save a company with no potential. A company has to produce sustaniable and reasonable profits for their shareholders. Shareholders want a "return on their investment" (ROI).

[@old_pilot]

Their PHEV are a better deal for many people. As most driving is local gas is rarely used, just home charge will suffice. But on a road trip you have 2000 km range (1,300 miles) at 80 miles per gallon for a relatively low aquisition cost. As die hard ICE enthusiasts consider a new car they will buy a BYD PHEV.

[@pauleast4372]

With the new generations of batteries available at sensible money, why would you want to carry an ICE around? They will be around for a couple of years, only someone with very little brain (lots of those have EV-rubbishing KZbin channels) will want one.

[@davidandrews8007]

The EV will become inexpensive.

[@oliviercoulon5196]

​@@pauleast437260% of BYD's sales are PHEVs. In large vehicles a PHEV makes a lot of sense.

[@old_pilot]

@@pauleast4372 The majority of people still drive a traditional ICE car. That is the demographic which will go for the PHEV because they’re cheaper to aquire and operate. I agree that will likely lead to a pure BEV purchase next time around.

[@igors6593]

BYD's success is driving many companies to make the same move to EVs; Tesla did not drive this shift.

[@stevemarquardt3217]

Rule #1 - Make a great product that delivers VALUE for the customer and the product will sell ITSELF! Advertising bad products [like most companies] is a WASTE OF MONEY!

[@maxxie5156]

Not absolute tho. Excellent product will still need some extent of marketing while "Okay" ish product can benefit from advertising, cuz that's human nature where social psychology is taking effect.

[@VillageIdiot-u2b]

FYI - 60+% of GM vehicles sold in Mexico were built in China by SAIC. Guesstimate: 30% of new vehicles sold in Mexico are made in China. To be seen if BYD builds a plant in Mexico post election. Mr. Evans, Mexico is 1 of 3 North American countries. Question: Is Mexico's current marketplace a sign of things to come?

[@dewfend]

I bought the first generation of BYD Qin DMI in 2015, a horrible product. From 2016 BYD started investing heavily on human resource, Wolfgang Egger joined in as first wave, in 2017 BYD hired hundreds of experienced senior engineers from abroad, and continuously focus on R&D of DMI and LFP,. 2019 was tough year for BYD since government stopped subsidies. From 2020 everybody knows the story.

[@deepseer]

It can't be a DM-i, because DM-i (or 4th Gen DM) was introduced in 2021. Could it be an older generation DM? Well, that could be rubbish, because the DM-i is the first generation of BYD's series-parallel powertrain.

[@dewfend]

@ yeah you are right, it was 2nd generation of DM, not DMI. The ICE is power output as well. When there battery is dry and ICE start working, the driving experience is just horrible and the fuel consumption is super high, at that time BYD product is really a garbage. But look at its fabulous performance of today…

[@admiralwei]

​@@dewfendyou guys were brave enough to purchase Chinese car 10 years ago. I would not even consider at that time.😂

[@zhaolei6650]

Thanks to all the BYD buyers before 😂

[@alphaomega1969]

Buffett and his late partner Charlie Munger praised BYD, calling it a "miracle" and the founder a "manufacturing genius" not only invested but bought their technology to use in Tesla

[@snookmeister55]

Pump and dump

[@FAFORednickincell]

Yeah right Berkshire Hathaway Inc Are known to pump and dump If the did they took profits too early Considering where BYD is now

[@justicerules1373]

​@@snookmeister55, are u nuts?

[@CNSPACE2030]

A perfect long life, safety and powerful battery technology make BYD successful.

[@RussellFineArt]

I wish I had a dollar for every time my mind has been blown and heard the term, game changer, I'd be super wealthy now! Good for BYD, hope to complete eliminate their ICE division to focus only on full EV's.

[@DavidB-oj1wi]

skyrocketing sales

[@xiaolo2008]

FYI, The Seal’s sale number 60000 consists of not only seal ev but Seal 06 Dmi, Seal 07 Dmi and Seal 06 GT. The 06 Dmi is the main contributor.

[@saleh45251]

exactly...not doing his homework...probably the sedan is still not as hot selling as he showed to be...

[@jazz19101]

If this was an American company the stock would be $200.

[@saleh45251]

if Huawei were a US company, with all the tech/industries they have, it would be worth $ 7-8 trillion today...

[@zhaolei6650]

And DJI.

[@InformedKiwi]

That is an amazing result in just one month, if BYD keep on that path, and there is no reason to see BYD do anything but grow, then BYD are already a bigger car manufacturer than GM, FORD, Mercedes, BMW, Tesla, Honda, Mitsubishi, Hyundai/Kia, Subaru and others. The mighty Toyota sales are falling and Toyota only sold 709,571 vehicles in August according to Reuters. It is not beyond imagination that BYD could soon surpass even Toyota. 😅

[@passby8070]

Give it another two years max, Toyota is on repid decline while BYD is growing exponentially. The graph lines will likely to intercept next year at this rate😂

[@dougsheldon5560]

I"d like to know the CEO's compensation and compare it to the clowns running most other manufacturers.

[@悟空-m9s]

Not comparable because the CEO is also the founder

[@CTownsend31]

The Founder, Chairman, and CEO is just one man to this day

[@puzer1]

...it's much higher than the comparable...he's massively invested...

[@davidwangbj]

Wang Chuanfu's total compensation in 2023 was 6.61million RMB, or $930,000 USD.

[@Alex-l6d1f]

After going to the EV show I thought the other Chinese brands were offering some nice cars The XPeng G6 had nice soft vegan leather. Very comfortable and looks good and with good tech and the P1 looks even better beautiful shape The Deepal (Deep blue in Chinese) was impressive with nice designs and interiors Spacious GWM have very nice interiors and good looking designs and cheap around A$32k Haval Jolion and Ora were nice to drive too The Teslas were as usual very good to drive too and still selling like hotcakes Model 3 RWD new shape $59k drive away 6 secs p-100 Performance 3.1 secs 0-100 $89k Model Y RWD $61k drive away Have a great trip in China Sunday night Look forward to the videos Sam Cheers Alex

[@fatdoi003]

BYD needs to get the v2 blade battery into the market asap..... also change the Dolphin from front to rear wheel drive and i can see it'll sell well.... i see BYD is like a chinese version of VW..... BYD cars are like VW, FCB like Land/Range Rover, Denza like Mercedes benz and YangWang is like Bentley/Lamborghini....

[@hillsideonly]

What's the difference between front t wheel drive and rear wheel drive??

[@qilu2004]

They are doing pretty well with v1 blade. Truth is 95% of charging is done at home overnight. Higher charging speed mean higher price and poorer affordability.

[@Voxabonable]

Won't dismiss Toyota so easily. Their competency in marketing is way ahead of their products, they're excellent in fortifying a cult like following. Top notch marketing has nothing to do with merits or even reality. People like to cling on to a belief. The trick is to make that belief believable, and Toyota is very good at that.

[@simonpaine2347]

They were very good at that. Ultimately people will always vote with their wallets. When there is an equivalent Chinese made EV at a a cheaper price than a Toyota, they will buy the Chinese vehicle. The main issues at the moment are 1. Brand awareness. Toyota scores really big on this and have an impressive, if not recently faltering, reputation on reliability and longevity. As more and more people start talking about owning a BYD vehicle for years with little or no problems, that will change. 2. US market. 520k sales in a month WITHOUT the 2nd biggest world market! Once BYD enters the US via Mexico all bets ard off.

[@passby8070]

Toyota will follow the way of VW... They are 8 months of continuous decline. They will get completely decimated in Australia, SE Asia and much of Africa and South America. They only places they have market share are Japan, US and perhaps some in Europe due to Anti China tariff stance . But that will be getting harder too as the share of the pie gets so much smaller.

[@Daikongekijou]

Remember a while ago they decided to name all sedans and hatchbacks sold through BYD's ocean distribution network Seal, and all SUVs Sealion? The high Seal sales number is mostly due to Seal 06 DM-i, which is reskinned Qin L. Seal EV is selling maybe 2-3 thousand a month in China

[@markchiu1716]

BYD is the best

[@buzzlightyear3715]

Common misunderstanding. An "investor" buying existing stocks does not directly benefit the company. The company only receives the money at IPO and BOD/shareholders--approved additional stock offerings.

[@phvaessen]

indeed, stock market investments don't inject new capital directly into the company. The company’s balance sheet remains unaffected by secondary market trading unless new shares are issued. But has an indirect effect: compensation of management and attracting experts with stock options. A higher share price gives the company more leverage if it decides to issue new shares in the future, as it can raise more capital per share sold.

[@ChickensAndGardening]

In the late 1970s, GM (which was then a colossus, one of the 2-3 largest industrial corporations in the world, with 700,000 employees) introduced the Chevette, their answer to small efficient cars from Japan and Europe. The chairman of Toyota got hold of one, drove it around Tokyo for a couple of hours, then told his engineers to pick it apart, bolt by bolt. Their conclusion was that it was a good car, but no threat to Japan. This was the old can-do attitude of ultra-competitiveness in Japan in those days. It looks like China has inherited that mantle. They are amazing.

[@lesliecarter4295]

PHEV’s keeping BYD afloat. Electric Viking pivoting!! 😂😂

[@YongLi-np3wg]

yangwang u8 sold 5300 by sep

[@stevennelson7518]

Every EV sold is a lost ICE sale. Consolidation to one Japanese, one North American, one European, Chinese and Tesla car manufacturers ahead

[@frankcoffey]

In the US Kia and Hyundai were a joke and the target of Tonight Show host Jay Leno and many others. Now they have some of the most desirable vehicles on the market here.

[@robvanduren761]

Yeah the marketing bull shitters from Toyota were hired by Hyundai. Still the same shit with a nice looking exterior

[@JamesCanavan-wl5ev]

Plenty of discussion on EV's but little or no discussion on the infrastructure shortage to run them!

[@stizzygrayson5541]

BYD will dominate in Oz

[@microbiologycory10]

Gotta say Vike, you’re not afraid to stretch out there…Toyota as a niche automaker could only come to pass if they can’t keep up with demand as they’re currently at a 12 mo. wait for their extremely expensive PHEVs. Eventually everyone gets tired of waiting…Chinese automakers won’t be relevant in the U.S. until all incentives/tariffs go away and these are currently still increasing.

[@simonpaine2347]

BYD will soon open their plant in México and they will then be able to export them to the US with little or no tarrifs. Tesla and Legacy ICE is about to get a wakeup call.

[@kenbehrens5778]

The only incentives and tariffs seem to be US ones.

[@passby8070]

Toyota will be repidly losing marker shares in pretty much the rest of the world except the US. They will need to fight it out with the big threes, Koreans and European brands in a 9 million cars per year market. I don't think Viking is exaggerating.

[@ironsword7]

16:18 It's called astroturfing.

[@ngataringa1742]

So what DID the CEO do three years ago? Where is the answer to that headline?

[@davidpearn5925]

You had your chance Mr Musk.....now the chickens are on their way back....

[@boxuangu8671]

He was raised by his brother(and wife) not sister

[@nickmcconnell1291]

Better battery tech has an upper limit as to how good it has to be before people don't care any longer about further improvements. We are fast reaching that limit for consumer sedans and SUVs. Once a car can get over 400 miles real world range (EPA) on a charge, and can recharge in under 10 minutes (enough time to pee), no one will really care if it gets much better except car enthusiasts. After that limit has been reached it is all about styling, interior, and software. The latter being the most important since in a software defined car it controls convenience and utility. Therefore automakers who can survive until the battery tech reaches that point will need to compete on the other three things with software being the primary delimiter between manufacturers..... just as it is in smart phones today. So I encourage Sam to start the process of reporting on software differences between the cars rather than just hardware.

[@sargfowler9603]

Take that Tesla!

[@yuanchung1475]

I don’t really like the style of BYD cars especially the interior but it is a respectful company indeed.

[@stevennelson7518]

Apparently BYD has amassed huge debt expanding their marketshare unlike Tesla which has scaled huge production capacity with virtually no debt.

[@qilu2004]

Once again, the growth of byd proves that they were right and Sam was wrong about PHEV. This year, every ev maker, except tesla, is working on their own phev models but byd is so much in the lead. BYD’s phev are primarily bev, with a gas tank as insurance. Unlike a pure bev which has to haul a heavy battery not used 95% of the time, phev don’t have to fill up the tank unless you plan to take a long road trip. Also, “outdated” blade battery has NOT hurt byd’s growth. The charging speed is grossly overrated. 95% of charging is down at home overnight. Most people care much more about affordability and longevity than about charging speed. Only talking heads on the net are obsessed with those secondary issues.

[@liuyangyang]

There are 2 PHEVs. BYD and others. BYD is DMI 5.0 already

[@stevennelson7518]

BYD excells at efficient high volume production. BYD started as the Apple phone battery maker supplier. Hence their battery making expertise. BYD also produced billions and billions of the the light blue and white disposable covid face masks.

[@abelincoln3261]

Not a whim ...they are insider experts...no whim...trust me

[@MASMIWA]

The battery side of electric vehicles are getting better by the month it seems. As battery prices drop and companies like BYD can produce good quality cars in volume, ICE will be on ice. Now to get the infrastructure for charging up an running so there is no reason not to go electric.

[@oguzkaanklc2014]

Neeee Eğer elektriğe geçersek nasıl 3 5 zengin züppenin piçlerini v8 motorlarıyla trafiğikte çığırtkan sinir bozucu sesleriyle terör estirecekler?? Bunu hiç düşündünüzmü?

[@xxErmis]

No data for the Song L?

[@maizhou4640]

don't forget the ev is a side business for BYD, their main business is electric bus

[@pacificflooring9631]

What is the average household have to pay for their electricity bill every month without the solar panel?

[@kenbehrens5778]

A Guiness world record was broken last month by a Chinese production model sedan 2208km (1,372miles) on full charge with a full tank. Small petrol engine powers the battery. 94miles/gallon (2.49litres/100km). Will beat what most people are now paying. The future is PHEV and EV's.

[@chilzone966]

You mentioned Tesla? BYD is different from Tesla. Do you know how many products BYD is currently manufacturing? Just in the transportation industry (cars, trucks, buses) in China and overseas cleaning up Toyota, VW. But their overhead cost structure and retooling( designing and build the machine that makes the machine. All BYD can do is try to keep pace with Tesla leading the EV market. BYD is in a fight in China, Hybrids lose, EV's RULES!

[@passby8070]

13:36 Not everything has to be angelo centric, you are also saying it wrong to make it awkward. I am sure Toyota was a very strange name when people heard it, but it didn't matter did it?

[@abelincoln3261]

Wrong lots of people in America are poor very poor they would gladly take a crappy free car over having no car.

[@aaaces01]

Context. People in the market to buy a new car.

[@UCMpDwp7VEfKXRH3NyAW7kuj]

They used to make terrible cheap car some 20yrs ago Now they make fancy but still relatively cheap car

[@mapp0v0]

Buffet invested in byd because of the bus factory In California. Tell me if I am wrong. (I'm guessing)

[@张泰-m3l]

I think it's too much for a bus factory,look at the combo of a bettery company also produce car,if you believe in EV you just can not ignore this company.

[@mapp0v0]

@张泰-m3l I'm happy with my byd investment. I was pondering about Warren's thoughs

[@art-543]

巴菲特投资比亚迪时候，比亚迪还没有生产汽车，而且巴菲特和芒格不建议比亚迪进入汽车行业。你可以看看查理芒格的回忆

[@张泰-m3l]

@@art-543 比亚迪03年开始造车，巴菲特08年投的，投完没几个月比亚迪第一台混动车就下线了虽然那车是一坨狗屎，但是巴菲特肯定是有点内部信息和考量的

[@张泰-m3l]

@@art-543 我记得很清楚是因为我是小学四年级第一次看到比亚迪的车，当时是丰田的外形加上仿宝马的标，跟个笑话一样，所以印象很深

[@SuperMassman]

Viking.. you have deep circles under your eyes and your blinking your eyes rapidly,, , you need to rest,,

[@jsanders100]

He’s off to China

[@glennw469]

Thanks very informative

[@electricviking]

You're welcome!

[@mikafiltenborg7572]

⚠️⚠️⚠️ EV-disruption from China and Tesla will kill Legacy ICE automakers 😂

[@Sem-v7z]

Will you say anything when European brands launch good EVs??

[@liuyangyang]

European brands launch good EVs - such as?😁 European EVs are joke.

[@Sem-v7z]

@@liuyangyangbmw has best driving assistent at the moment, and all options Truly work! And just more fun to drive😅 Nice car is more then range or mega fast charging, I’d rather drive a fun car over a blender.

[@lifeliver9000]

Below $80k please

[@EnriqueAThieleSolivan]

Do not bet against Tesla, Who knows the impact of Optimus in the Tesla manufacturing lines or thre FSD (the reak deal) on their car sales? Too many game changers on the wau=y.

[@jennyohara4011]

Thats a pretty big car yard!

[@G11713]

Unfortunately, BYD vehicles don't seem to support single peddle driving well.

[@jcziviani]

Doens't neeed one pedal drive. When you press the brake on BYD cars it will regen. Easier and more intuitive than one pedal drive.

[@i6power30]

I'm seeing more and more lithium battery related fires not just vehicles but also at recycling facilities. I think we have some work to do to ensure the safety and sustainability of lithium batteries before the public and regulators starting abandoning EV adoption.

[@JGood-Quebec]

Which battery chemistry?

[@stonerist]

In China, the actual competitors of BYD are Japanese cars such as Toyota and Honda. I think if it is in the USA, it will be the same for BYD. Their hybrid cars can travel 2,000 kilometers on a tank of fuel.The price of BYD's hybrid models is even 20% cheaper than that of fuel vehicles.

[@Sem-v7z]

Sorry Sam, too China/Tesla biased, there’s more to cars then stats and volumes

[@AnatomyChinasAutomobile]

I'll find a time to put together an issue on 'How BYD Fakes its Sales.'

[@catherinegrimes2308]

I think that the marketing for the Dolphin is targeting the wrong demographic group. The adverts in China are aimed at affluent young women who want a cute car. The colours do not help and you will not get many men buying pink or purple cars. How about a nice metallic red? It should come with better tyres or maybe wider tyres to handle the torque. It is possible to buy third party froots or frunks for the Dolphin, maybe one could be supplied as standard that would store the charging cables. If BYD were to make changes to the car, using the Blade 2 battery would significantly increase its appeal.

[@iljapetroff]

BYD Seal are up. "I have no clue what happened", "Out of blue sales jumped" - what kind of car blogger are you???? Would you like me to go over the exact reasons why the sales are up ?

[@malcolmrickarby2313]

Yes, please 😊

[@Lawrenceflettjr]

Grok + megapack + solarfarm × Optimus Robots = unknown productivity Replace the tyrants and Traitors with perfectly programmed optimus Robots

[@1rjona]

As long as Elon is in control, everything will alright in the end. Especially if you are a Tesla stockholder. That is why vote Trump. Vote for Trump is a vote for Elon.

[@MelvinStaRita-yb2fm]

BYD is here to stay but I predict it's not going to be the dominant player in 5 years' time.

[@phvaessen]

Fact check: Charlie Munger and warren Buffet invested in BYD in 2008 because of the battery innovation, and were unhappy of BYD going into the EV business, because the EV industry was nascent (when they commented on it when selling big chunk of their stock) and car manufacturing a very competitive market..

[@NuclearSoda]

Elon Musk said that for an auto company to succeed they have to solve electrification and autonomy. BYD has currently showed no progress in autonomy. Do you think they will go that route?

[@liuyangyang]

BYD has currently showed no progress in autonomy -- completely wrong. BYD has multiple routes. The worse scenario is using huawei's ADS, which is better than Tesla 's FSD.

[@iljapetroff]

BYD overtaking Tesla - Big news ... well, Out of 500k cars sold 310k was either PHEV or HEV... so you are comparing apples with oranges...

[@danieldimitrov9969]

The credibility of this news is the same as to believe that live in North Korea is great and people there are doing well

[@theinfralink6598]

Go back to your cave under the rock.

[@peterbland7227]

Can you do a short video on what percentage of new car sales in China are EVs?

[@张泰-m3l]

Chinese official count all phev,erev,ev as new energy vehicles,latest number i see is 53.5% new car sold were new energy vehicles.

[@stevennelson7518]

Approaching 50%EVs now China. World wide EVs are 33% share. Electric Viking gas 6000EV videos probably ten in recent Chats naes sales numbers.

[@jsanders100]

That can’t be right 33%

[@kenbehrens5778]

pete,r google carnewschina

[@ThomasHaberkorn]

What happened in Feb24

[@jcziviani]

Chinese new year.

[@admirmujkanovic8159]

Lets be honest BYD is Chinese government directly! NOT A COMPANY BUT A GOVERNMENT!

[@liuyangyang]

😁BYD is a publically trading company. There are half dozen state-owned car companies, and BYD is not one of them.

[@admirmujkanovic8159]

@@liuyangyang 100% Chinese Government Forced Labor and who knows what else from the LYING CHEATING STEALING CHINESE GOVERNMENT

[@Lost_Johnny]

BYD cars were rubbish, many of them were ICE cars. Even 5 or 6 years ago they were not that good and looked awkward, but now they are great cars, and they look pretty good too, especially if you want a basic car without any self-driving companies.

[@canvasartful]

In my opinion BYD is garbage and cheep.

[@fcosta38]

The more and more I see your videos, seems to me you are being subsidized by China for your opinions. That wasclear on the Q4 Etron, that is a great car and at a good price.

[@greghudson9717]

Why include petrol powered hybrids in this report? Please separate the pure EV numbers so we can see the REAL result?

[@chilzone966]

HYBRIDS lose, because EV's rules. Who need 2 cars, just make 1. That bridge has been crossed.

[@ーーーーーーーーーーーーーーーーーーーーーーーーーーーーヅ]

it’s a bad car compared to Tesla. You know that right?

[@Phoenixgamingnp]

My arsee 😆😆😆

[@AnatomyChinasAutomobile]

Undoubtedly, it's fake data.

[@liuyangyang]

The data is backed by insurance company data.😁

[@AnatomyChinasAutomobile]

@@liuyangyang Don't lie, don't mislead, this data has nothing to do with the insurance company, it is BYD's own sales volume, published on HKEX. BYD claimed to have sold 3 million vehicles in 2023, which is also false data published on HKEX. Theoretically, the sales volume is only more than 2.3 million vehicles. Excluding the zero-kilometer used cars with fake sales, the actual sales volume is only more than 1.6 million vehicles.

[@AnatomyChinasAutomobile]

@@liuyangyang I'll find a time to put together an issue on 'How BYD Fakes its Sales.'

[@liuyangyang]

​@@AnatomyChinasAutomobile 😁BYD has dozens of competitors. if it mislead, GWM will let us know in NO time. There are published by insurance companies on how many cars bought compulsory insurances. You have no idea about the chinese car market.

[@AnatomyChinasAutomobile]

@@liuyangyang You’re so naive and ignorant! Great Wall has already told everyone! Great Wall also told that BYD’s more than 2 million PHEVs violated environmental regulations-did that matter? Are you implying that BYD has competitors but other companies don’t? Have insurance companies ever published how many vehicles are insured with commercial insurance and how many only have basic insurance? Why do some only have basic insurance? Don’t you know the reason? I understand China and the Chinese market more deeply than anyone who claims to be Chinese!

[@RicoNeu-bd3do]

Nice summary, thanks Mr. Evans. Well Dome!

[@electricviking]

My pleasure!