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BYD is coming for Europe—but high labor costs, connectivity issues, and stubbornly loyal customers might trip up the Warren Buffett-backed EV maker that’s leaving competitors in a ‘state of shock’ (fortune.com)
submitted 9 months ago* (last edited 9 months ago) by MicroWave@lemmy.world to c/evs@lemmy.world
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If you asked the typical European or American about BYD a couple of years ago, only the biggest petrol-head or an astute follower of Warren Buffett’s portfolio could have given you a confident answer on what the company does.

It’s taken a brutal price war with Elon Musk and an ascension to the top of the Chinese car pyramid to change that. Now that it’s left competitors in a “state of shock,” BYD has become hard to ignore.

However, as BYD fights a declining share price, Europe’s automakers have a few reasons to be optimistic that they will fare better in a battle on home soil.

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[-] Diplomjodler@feddit.de 0 points 9 months ago

All modern cars are privacy nightmares. But putting spyware in their export cars world be a very dumb move by the Chinese because there's no way they wouldn't get caught.

[-] Tristaniopsis@aussie.zone 2 points 9 months ago

Our family, out of economic practicality and a lack of desire to show off, still has ‘dumb’ cars with the fanciest feature being the electronic key fob and the damned engine management system which goes on the fritz every couple months.

I hear what you’re saying but I’m not entirely convinced they wouldn’t try something.

this post was submitted on 29 Jan 2024
28 points (96.7% liked)

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