this post was submitted on 27 Aug 2023
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They are far simpler with fewer parts. It is only a matter of scaling up manufacturing. The biggest cost is the battery.
BYD is closing in on Tesla as the largest EV manufacturer and most Americans have no idea they exist.
Is BYD a China state run company?
It's not an SOE and like half of its stocks are owned by Americans. But the parent company got some government funding according to the US Congress, so the whole conglomerate is considered an SOE by America now. Sounds like trade war stuff to me lol