Quote:
Originally Posted by cRiPpLe_rOoStEr
BYD is not really a startup. I remember seeing some ICE-powered copies of Toyotas made by BYD with Uruguayan plates, yet the only BYD cars I have seen with Brazilian plates (for test) were electric (including 2 urban transit buses in my hometown).
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BYD was founded in 2003 - the same year as Tesla. Like Tesla they are a tiny player in the global automotive industry. BYD is on track to sell 500K vehicles in 2021 which is more or less what Tesla will sell. Combined that would give them 1.4% market share yet they are the #1 and #4 most valuable automotive companies in the world. How does that make any kind of logical sense?