Mmastodon LifeAutos first seen 7 h ago, last 51 min ago, peak #8
Commenter flags BYD's lack of profit per car as a concern
Original: I should have clarified my comment on China EVs. BYD makes no profit on each car sold. This is a problem # ev
A comment on China's electric vehicle sector says the writer should have clarified an earlier remark, arguing that BYD makes no profit on each car it sells and calling that a problem. BYD has grown into one of the world's largest EV makers, and its thin or negative per-unit margins are often cited in debates over price wars and export competition in the Chinese auto industry.
Why now: Ongoing debate over Chinese EV price competition and BYD's aggressive pricing strategy.
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 51 min ago.
Evidence
- I should have clarified my comment on China EVs. BYD makes no profit on each car sold. This is a problem # ev · andyjennings@aus.social · 2
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