That is true but BYD knows how to scale EVs. They arent like legacy auto. They were able to pump out 1.5 million last year.
The building of factories still has to occur of course which takes time. Their bigger challenge will be tariffs and geo-politics.
They want to be big in Japan, that's not going to happen.
EU? I'm sure the regulation work will take 5000000000000000000000000years.
US? oÓ
Arabia, not interested in EVs.
North and South Africa? Unstable, but possible.
South Amerika and Indochina? Fist valid market I can see outside of China.
Am I wrong?
The EU actually needs the Chinese auto makers since the Germans arent really building a lot of EVs, especially in a cost effective manner.
I think entry in the US is going to be tough. You are right, Japan is protected. Australia is a market they could tap into.
It will be interesting. If BYD does get plants running in Mexico it is game over for US auto.
I just rewrote this, to make it more fun to read:
The EU Parliament seems to be orchestrating their own version of "Grand Theft Europe," effectively sidelining BYD's advancements, as their gains don't align with the EU's interests. Unfortunately, the needs of their citizens appear to be sidelined in this strategic play. Meanwhile, Smart and Fiat are rolling out small, affordable EVs, but let's be real – they're not turning heads or winning hearts, primarily due to perceived status drops.
Pondering over the Australian market for a fleeting moment – roughly a quarter of a second – led me to deduce that this vast, untamed continent might not embrace EVs fully for another two decades. Sure, in the "major" cities (which, by global standards, aren't exactly colossal), there's potential. I envision a future where solar power and EVs merge, much like how golf carts are utilized now, but that's likely where it caps off for the vast majority of the Aussie landscape.
