BYDDY
🚗 BYD cars are recognized for being ‘fabulous’ in equipment, finishes, and design, positioning them strongly in the electric vehicle market based on hardware quality.
💰 Both BYD and Tesla are effectively lowering battery costs, driving down EV prices. Cathie Wood views this competition as excellent for scaling new technologies and reducing costs further through increased unit growth.
отставание (otstavanie – lagging behind) While considered a leader alongside Tesla in the EV market itself, BYD is currently perceived as being behind in the development and deployment of robotaxi technology compared to Tesla’s focus.
@Invierteygana:
“Well, it depends on what you mean by inferior. We are seeing the BYD cars, and they are fabulous in terms of their equipment, finishes, and design. But if we look at parameters like range and power for a given price, Tesla remains very competitive, if not the most competitive. From a cost perspective, BYD is moving down the battery cost curve just like Tesla. So, in fact, we think this is excellent. We believe competition is excellent, but the most important thing for new technologies is to scale them, as Tesla and BYD are already doing. And when unit growth increases, the cost of these units reduces even further. Therefore, we believe Tesla and BYD will lead the electric vehicle market, but regarding robotaxis, BYD is behind for the moment.”
Watch the exact part of the video where @Invierteygana talks about BYD Company here:
Watch the video on YouTube
Read more articles analyzing BYD Company (BYDDY) at the following link. BYDDY stock.
