Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

  • GazumiEnglish
    16•1 year ago

    Predicted for this quarter. Musk has been scoffing the idea, whilst watching them catch him and simultaneously shooting himself in the foot with his own plans.

    • @[email protected]English
      16•1 year ago

      Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.

      So will the EU.

      But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse… it’s a win for the planet!

      • GazumiEnglish
        2•1 year ago

        Tariff slapping had been tried by Trump. Very poor outcomes. There will be a more moderated approach, but we will need to see how that pans out

        • @[email protected]English
          1•1 year ago

          I’m confused what you think is going to happen? There at 25% and Biden doesn’t think they are high enough, they are already currently in talks of increases AFAIK.