Interesting article. Living in China, BYD vehicles are everywhere here. The other big challenge they face is oversaturation of their home market. In big cities like Guangzhou - where I am - NEVs already have around 80 percent of the market. There's more room for growth in smaller cities and rural areas but this is still going to become a more challenging market once everyone who wants an NEV has one. On batteries CATL is a bigger player than BYD and CATL is working with multiple smaller NEV manufacturers to produce a common battery/chassis using swappable battery technology. It makes sense to think that BYDs boom years are coming to an end, but it still seems a good stable financial bet.
Interesting article. Living in China, BYD vehicles are everywhere here. The other big challenge they face is oversaturation of their home market. In big cities like Guangzhou - where I am - NEVs already have around 80 percent of the market. There's more room for growth in smaller cities and rural areas but this is still going to become a more challenging market once everyone who wants an NEV has one. On batteries CATL is a bigger player than BYD and CATL is working with multiple smaller NEV manufacturers to produce a common battery/chassis using swappable battery technology. It makes sense to think that BYDs boom years are coming to an end, but it still seems a good stable financial bet.