BYD would still be attractive on the value proposition if there were reasonably priced offerings from literally anyone else. But theres no competition within shouting distance of their price point and the reason is the chinese govt.
The difference is like letting your kids live at home without paying rent and buying your kid their own place and covering their car payment, credit card bills and utilities.
You’re both right.
BYD would still be attractive on the value proposition if there were reasonably priced offerings from literally anyone else. But theres no competition within shouting distance of their price point and the reason is the chinese govt.
And the US and EU governments don’t give huge subsidies to the automotive industry?
The difference is like letting your kids live at home without paying rent and buying your kid their own place and covering their car payment, credit card bills and utilities.