BYD

“Tier two Chinese companies, the ratio of their safety issues always much higher than top, like BYD, like CTL. So that's why CTL always sell about the 10% expensive than The tier two.”

“BYD. Got Daniel Craig as the new face.”

“There's no way that the government isn't subsidizing those by 30, 40, 50%.”

“Watching in my hometown, in Singapore, where, ah, BYD had .one percent market share in December, 21, and is now by far the biggest auto seller in the country in four years.”

“And there are a lot of electric vehicle companies that tried to be Tesla or BYD, and they're all very likely to Either fail or not generate any profits.”

“So we had the CEO of Octopus Energy, which is the largest utility here in the UK on the pod, and this year, they've launched a BYD lease program, where you can just Pay monthly to get a BYD electric car, and they would give you 12,000 miles of free range in a …”

“Your BYD wasn't a VC-backed company while it became an electric car giant.”

“For those people that don't know, BYD's the largest EV manufacturer in the world, had about four million vehicles.”

“A lot of the locals heavily dispute that Financial Times graph that was going around about the number of startups. They said it just mismeasured the whole thing. And so, no, I don't sense that there's any lack of enthusiasm from entrepreneurs in towns like She…”

“I mean, since the software is being sent by China, and if a war happens, I'm going to convert every EV vehicle into a weapon. Go crash into this segment, go crash into that segment.”

“BYD producing cars now for half the price of American cars.”

“We're seeing BYD having to take loans from its suppliers just to stay financially afloat, even though it's the best car company in the world because the Chinese government has paid A million other car companies to compete with BYD.”

“It's certainly cornered the market in some of the rare materials that are necessary for batteries and so on, and I think it's got scale, and it's got ability to compete, really.”

“The Chinese carmaker BYD is, like, crushing them. Like, they're up 30% year-over-year, already beating Tesla. They just, they're building a new manufacturing plant the size of San Francisco.”

“BYD is designing a better car, and CATL is designing a better battery, and their glow, their vertically integrated supply chain around semiconductors no longer is dependent upon NVIDIA for inference. Now they're running inference at DeepSeq on the Ascend nine …”

“In December of 2021, BYD had 0.2% market share, and of December 2024, it had 14.4% market share, making it the second biggest auto seller in Singapore, second only to Toyota.”

“Detroit is not globally competitive anymore, and putting tariffs on BYD's cars is not going to make Detroit more competitive. It's going to make them less competitive, and they're going to fall further behind.”

“There were probably close to 100 Chinese battery manufacturers, and today there's 10 that, that matter and that do it at scale, and really there's two that, that completely dominate the industry, and that's BYD and CATL.”

“So the subsidies from the last decade They've helped to build up these big companies that we know, BYD, CATL, Eve Energy, etc. But they're not fundamental in this, you know, in the way that people think they are to the kind of low-cost structure that we're see…”

“A number of very, very big, very, very competent companies like CTL, UID, et cetera, make the actual packs for the lower end of Tesla's Product line now. So if you get a low end model free, you're actually getting a CTL or BYD pack. You're not getting a you're…”

“The founder only raised 300,000 in venture capital before the IPO. He raised money in an IPO and then Buffett gave him two hundred million dollars. And so at this point they had 160,000 employees, six to seven billion in revenue and five hundred million in net…”

“Although Tesla has a massive factory in Shanghai, but the approach is that we will support our companies, and that's why BYD today is much, much bigger than Tesla.”

“They were able to lower the prices further, until this year, they started a campaign saying, electric cheaper than gas. So they lowered the compact sedan prices to 79.8 K RMB. And that is basically a little more than 10,000”

“What they call the DM-F.O technology, which is an interesting technology in that it increased the fuel efficiency to around, like, 80 to 90 miles per gallon. And they made a lot of waves with this 2100 kilometer range claim, which has been verified by, you kno…”

“I would generally say that BYD itself is generally reaching, like, Tesla level dominance in the Chinese market now, because with the most recent releases, they're probably going to get to maybe 40% Market share among NEVs in China, which is just, you know, li…”

“And Huawei, They do quite well because they're considered to be a premium brand in China, and both of those brands, I would say, have, like, a higher brand recognition for the luxury class of sedans and SUVs than BYD right now”

“When it comes to BYD, and I think other Chinese automakers are similar situated, I would say they get maybe 10 to 15% of their sales outside of China right now”

“I know this from personal connection that BYD just isn't coming to America in the PV market at all.”

“What you see is a lot of their attention are not really focused right now The Western countries, but rather a lot of the global South countries like Brazil, Thailand, Indonesia, Central Asia, probably a lot of the Middle Eastern countries, I would say. But tho…”

“One of the interesting things, if I remember correctly, is actually Apple had already picked BYD as their battery suppliers.”

“GM is totally vulnerable to Tesla and BYD. This is why, you know, HP ended up being totally vulnerable to Apple because Apple was still building computers and HP was assembling computers and GM is assembling cars and Elon completely kind of re-engineered how y…”

“It's only two companies that are selling their cars in the high hundreds of thousands and millions. It's Tesla, we already said, and China's BYD.”

“I would say the only issue they have that's a real long-term issue is just the Chinese competition. Companies like BDY are ramping up production of knockoff products at low prices, and so managing the competition with China is probably The only one of these is…”

“If I had to handicap anybody, it would probably be BYD or one of the Chinese manufacturers.”

“They became at the end of last year, the leading seller of EVs. They edged out Tesla last year for that title”

“BYD hit all their targets last year in terms of sales, and they've surpassed Tesla in terms of fully electric vehicles on a quarterly basis in Q four.”

“So again, they have nearly 30 models available. Tesla has five, but really two.”

“They go from about 400,000 units to about 1.6 million units in 2022. And then last year they hit three million units in 2023.”

“I think if other automakers don't get it together by 26, it becomes very attractive to move in here.”

“BYD was a miracle, but that guy works 70 hours a week and has a very high IQ. He can do things you can't do. You can look at somebody else's auto part and he can figure out how to make the goddamn thing.”

“After huge mistakes, they almost went broke with their early dealership building system.”

“The guy at BYD is better at actually making things than Elon is.”

“That Charlie and Li Lu Lu Li Li Lu gave the founder advice and he ignored it. And he was right. He's like, don't go in electric cars or whatever it was that he did.”

“Well, so we're working with BYD who is, they usually alternate between Tesla as the number one or number two electric vehicle manufacturer in the world. I think right now they're number one. And so we do have the capacity or will have the capacity to make hund…”