Daily Shaarli

All links of one day in a single page.

March 28, 2024

BYD overtook Tesla as the world’s biggest seller of EVs but an earnings miss amidst a growing price war sent shares plunging the most in a year | Fortune Asia
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BYD selling more EVs than Tesla and for the first time ever at a higher profit margin. seems EV sale growth is continuing strong in China. I wonder if that's due to a cultural difference, or maybe just because they're at an earlier phase of the adoption process there? although since BYD sells like 80% of its car domestically, I would say it's not the latter.