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Baffled: Japanese take apart BYD electric car and wonder: 'How can it be produced at such a low cost?'
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this post was submitted on 12 Nov 2024
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Despite what the world thinks, it's just a case of the world moving forwards. I see people always mentioning Chinese government subsidies like the American government hasn't been subsidising the American Auto industry for years. The difference is that the Chinese government is demanding a return on investment whereas the American investment is just funnelled into executive pockets. Maybe in a few years the same will be the case in china,but for now, they're making the same giant strides that Tesla made which enabled them to become a household name.
That's not why these are cheap and others cost more...they use slave labor basically for their workers. If you don't have to pay your workers much then you can drop the price that much more.
People also forget BYD Thailand factory is already operational and not all its cars are made in China.
https://www.reuters.com/business/autos-transportation/chinas-byd-opens-ev-factory-thailand-first-southeast-asia-2024-07-04/