1. restofworld.org9/5/2317 min
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    • thorgalle
      Top reader this weekReading streakScout
      4 months ago

      Fascinating! Good in a way that BYD is democratizing electric cars, finally. Maybe bad that this happens with Chinese government subsidies & cheap labor. But I'm not sure how we're going to rule out fossil fuels from all cars if they remain the more expensive option. Hopefully this adds competitive pressure to innovate on cost reductions.

      The other day I was also surprised to see that an optician's stall in my neighbourhood mall in Finland was replaced by a "Voyah" EV SUV showroom, of which I had never heard. There are lots of Teslas here, I wonder if I'll start seeing more Chinese brands.

      The country’s current best-selling Chinese models are from Volvo and MG, both originally European brands now owned by Chinese companies.

      I didn't know Volvo was owned by a Chinese corp. Looking it up, I see both ownership numbers of 8.2% and 82% quoted (both links are Reuters). It's confusing.

    • KapteinB
      Top reader this weekScoutScribe
      4 months ago

      I walk past a parked BYD every day on the way home from work. I always thought it was weird that it had what I assumed was the company slogan written on the back. Somehow I never connected the words "Build Your Dreams" to the letters BYD.