Now let’s see how BYD go for the next two years….I wonder. With all the issues I can see some problems for BYD.
China has surpassed the U.S. in the auto industry.
Anyone with more than 2 brain cells would understand Tesla and BYD has completely different market segments. Tesla dominates mid to high end and BYD is the king in cheap EV.
No one can compete with them in their respective segments. Tesla doesn’t have cheap EV yet to go after the low end while BYD doesn’t have a comparable Model 3, Y, S, X competitor.
Can’t beat that Tesla build quality and choice of materials.
I know you are kidding, but I can weigh in here as a Tesla and BYD owner!
Firstly, my Tesla is from the Shanghai factory, which apparently has better build quality than those from Fremont.
My impression is that the BYD feels more solid and has less rattles. The Tesla is still my preferred car for a number of reasons, but there is no denying that the BYD Atto 3 is built well.
/s right? right?…
Of course. The only reason you can’t go across the street and buy a Han / Seal/ Seagull is protectionism.
That’s the same thing we used to say about the early Japanese cars … Toyota and Honda could never compete against Cadillac. It wasn’t too long before they ate our lunch.
>while BYD doesn’t have a comparable Model 3, Y, S, X competitor.
?
Seal, Yuan Plus, Han, and Tang are all direct competitors to those models, respectively
They really shine with budget models, but they’re not not competing in the same segments
Why don’t you list their respective MSRP?
Different pricing means different segments.
Model 3 starting price in China: 35.8k USD
Direct BYD competitors to the Model 3 in China: Seal 27.5k USD, Han BEV 30.4k USD
Model Y price in China: 36.5k to 49.9k USD
Direct BYD competitors to the Model Y in China: Sea Lion 07 27.8k USD, Song L 30.7k USD, Denza N7 40k USD
Indirect BYD competitors to the Model Y in China: Frigate PHEV 29k USD, Tang BEV 34.3k USD, FCB Bao 5 EREV SUV 39.8k USD, Denza N8 PHEV 44.6k USD
Model S and X sales in China are miniscule so it is pointless to make comparisons for those models, but BYD already has started to sell the U8 luxury SUV, which is more expensive than any Tesla on the market, and also sells the Denza D9 luxury MPV, which starts at 57.5k USD for the BEV version. Presumably sometimes in the next 12 months FCB and Denza will also be releasing new models that will compete with the Model Y and Model S, respectively.
And these are just the direct Model 3/Y competitors from BYD. You can make a similar (if smaller) list for a dozen other Chinese automakers who also offer direct competitors to the 3 and Y in the Chinese market, which is why Tesla’s EV market share in China hovers around 10%.
Luckily for Tesla, it’s home US market will be largely insulated against Chinese competition, and it also has a head start exporting cars to many western/developing markets, but BYD et al are starting to export too in earnest starting from last year, so there will be competition to the 3 and Y coming to many parts of the world shortly.
If there’s a good likelihood that a customer cross shops between one and the other, then they’re by definition competitors.
No, it doesn’t.
I think in the long run, Tesla made a bad move relying on BYD, a competitor for batteries. BYD will gobble up Tesla in the long run
BYD gives no fucks, they have unreal battery production capacity. Once they are able to produce and sell enough cars that they become battery-limited, Tesla will get the heave-ho.
Ni hao!
Not sure where you got reliance from. Tesla gets batteries from basically everyone that makes them.
Lmao China gonna crush Elon
More like BYD and Tesla car sales soar. Legacy auto sale plummet.
BYD is going well, but that 300,000 number includes Hybrids.
Their BEV count is neck and neck behind Tesla but may pass them before the year’s out.
Good for them!
…however the ones who should be afraid isn’t Tesla but legacy autmakers. BYD is eating their lunch - not Tesla’s.
All sold to a shell company owned by the parent probably.
News to me, and I just bought one.
Nice try BYD shell company! We are onto you!!!
The Atto 3 is insanely popular in markets where they sell it. It’s a really good value. Delivers 95% of the Model Y experience for like 75% of the cost. For 2023 so far - it’s the 2nd best selling EV in NZ after the Model Y and 7th best selling car period. In Australia - it’s #3 EV (after Y and 3) and #22 overall. Haven’t looked up UK numbers, but would assume the popularity is also pretty good. Clearly - the Telsa is selling better in all these examples, but BYD has gone from 0 to really strong sales in only 2 years. That’s impressive.
Heaps of BYDs in Australia now. I understand Europe and NZ have a lot too.
That includes plug in hybrids which are gas cars with tiny batteries. Not an equal comp
BYD’s hybrids have quite large batteries (30kWh or more) and electric ranges of >100km, so calling them ‘tiny’ is not correct.
Tiny would be something like a Prius, which does not qualify for a green NEV license plate in China as its battery-only range is not large enough.
I drive a PHEV and I barely burn any gas (I do about 70Km a day every weekday), mix of motorway/city at around 50% each
A full EV would be perfect for you. Don’t need to worry about old gas and a complex system. Plus no maintenance.
Next one :)
Yes, this strategy worked so well for chinese construction companies to build more than anyone else. Let’s do this.
would you rather have empty houses or homeless people on streets?
You obviously missed my intent. The Chinese construction boom is a total disaster.
Isn’t this comparison not equal? Mostly econo box vs a standard midsized car and a crossover? Plus, a handful of luxury cars.
Introduce BYD in the US please!!
but having affordable, high quality transportation in this society deliberately destroyed to make way for parking lots is a nAtIonAl sEcuRity ThreAt
Usual anti-Tesla title. BYD lists plugin hybrids as EVs. Plugin hybrids are worse than EVs for the environment in a green trasition perspective
They just got to Mexico. I’m buying a dolphin EV which is a hatchback small car, their Seal which is a better model 3 sells for about 500,000 mxn less than a Tesla, it doesn’t look designed by a 3 year old and has all the equipment, better materials and no panel gap issues. Overall they’re better cars.
I’ve wondered about phevs for a while, can you outline how they are worse? Is it the extra weight of the battery when the engine is running?