Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

top 50 comments

sorted by: hot top controversial new old
[–] 92 points 2 years ago (6 children)

The fact that the headline says "Chinese Carmaker" and not "BYD" says a lot about their international market share.

  • source
  • hideshow 12 child comments
  • [–] 48 points 2 years ago (2 children)

    To be honest, I think it more tells you the article was written by an American for an American audience.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 20 points 2 years ago (1 child)

    Also says a lot that despite that they still make more. Having more global sales in effectively one country is more impressive if anything.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 57 points 2 years ago (25 children)

    oh look, someone doing ev that can actually make vehicles, and theyve eclipsed tesla... no wayy..

    no one could have predicted this except, ya know, everyone.

  • source
  • hideshow 27 child comments
  • [+] 38 points 2 years ago (2 children)
  • load more comments (1 reply)
  • [–] 6 points 2 years ago (1 child)

    And yet so many people are stuck in the pyramid scheme that is Tesla's stock.

  • source
  • parent
  • hideshow 2 child comments
  • load more comments (23 replies)
    [–] 35 points 2 years ago (21 children)

    I don't wanna be that guy, but BYD are not only garbage tofu cars, they are also HEAVILY subsidized by the CCP in an effort to dump on the competition.

  • source
  • hideshow 22 child comments
  • [–] 14 points 2 years ago (2 children)

    You can be that guy all you want, those garbage tofu cars are still dominating the market.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 16 points 2 years ago

    I know they are dominating the market. But I'm explaining why they are. It's NOT because they make superior cars Each car is sold at a loss with the funding/backing of the China government with the sole purpose to dump(kill domestic competition).

    Amazon prime sorta did this on a micro scale. Dump their pricing to kill Barnes and Noble and after they go out of business, they open and replace them with their own stores. But instead of Amazon funding the dump, it's the god damn CCP and our entire auto industry.

  • source
  • parent
  • [–] 3 points 2 years ago

    Dominating which market though? China is heavily subsidizing these cars like they do with a lot of new tech when they want to undercut non-Chinese companies. I guarantee if any other manufacturer had similar subsidies, the situation would be different.

  • source
  • parent
  • load more comments (20 replies)
    [–] 20 points 2 years ago* (last edited 2 years ago) (1 child)

    I am shocked that a Chinese company with access to materials is selling heavily subsided EVs. Shocked! Meanwhile in the US, nobody can make them in quantity and when they do Americans don't want them. Shocked!

    None of you would purchase this car to any Toyota quality wise as well. These things are sub Mitsubishi quality.

  • source
  • hideshow 2 child comments
  • [–] 16 points 2 years ago (1 child)

    Predicted for this quarter. Musk has been scoffing the idea, whilst watching them catch him and simultaneously shooting himself in the foot with his own plans.

  • source
  • hideshow 2 child comments
  • [–] 16 points 2 years ago (1 child)

    Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.

    So will the EU.

    But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse.. it's a win for the planet!

  • source
  • parent
  • hideshow 2 child comments
  • [–] 5 points 2 years ago (1 child)

    And still their shares are just a fraction of Tesla's share price.

  • source
  • hideshow 2 child comments
  • [–] 20 points 2 years ago (2 children)

    Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.

  • source
  • parent
  • hideshow 3 child comments
  • load more comments (1 reply)
  • [–] 5 points 2 years ago* (1 child)
  • load more comments
    view more: next ›