BYD - the new Evergrande, but in the automotive market ?

[WillyAp]

To be fair, my car is hybrid, and French, and it sucks, so it would definitely be better if I got BYD or Tesla, either would have been better than my horrible junk .

You just need to maintain it better.
Preventive maintenance is what makes things last longer. If you wait till your car calls you to go to a workshop it'll be expensive. Most likely your car calls out when there is little cash available so people do just the most necessary stuff. 

[Dogedegen]

Many just want a decent car that does not break and does not use a lot of fuel.

This is a catch 22 however.

Why is it that these days you got cars like the Honda Civic which was once a very reliable brand that has more reliability issues than previously?

Well to make a car more fuel efficient you need to add complicated bits such as CVT transmission, turbo chargers, direct injection, start/stop technology, etc. While this does make the car more fuel efficient, it makes it less reliable because there are more parts, more complicated mechanical setup, more strain on the smaller engines/starter motor. And it becomes less reliable.

I don't agree with you. While these do contribute to the problem, the main source of the problem is that the car is now a digital machine with many low quality and complicated parts. All the electronic sensors, the useless entertainment system with its touch screen and many other things are what cause the worst car nightmares. These days you have stories where cars halt randomly, and deep diagnostics does not find anything wrong with it and it even resumes working. This episode may not repeat but for others it may repeat at random times. For example it stops working 1 day after 6 months, no warning lights, no codes, nothing and then it works again normally the day after. This is because they are over-engineering something that should have been made as mechanical as possible.

To be fair, my car is hybrid, and French, and it sucks, so it would definitely be better if I got BYD or Tesla, either would have been better than my horrible junk .

You just need to maintain it better.
Preventive maintenance is what makes things last longer. If you wait till your car calls you to go to a workshop it'll be expensive. Most likely your car calls out when there is little cash available so people do just the most necessary stuff.  

French cars are known to be turds, so no amount of maintenance can change this fact.

[WillyAp]

French cars are known to be turds, so no amount of maintenance can change this fact.

You don't know decent mechanics, it seems.

[M47AK16]

The topic was started not because we should discuss if BYD is big or not, but to discuss if they are actually making a profit and doing a good job, or could it be like the real estate crash China had. We need to see if production is big enough, or is it actually getting sold enough to make it continue.

Subsidies is not a problem, all nations have subsidies for their companies who bring in a ton of foreign money to their nation, that doesn't make it a bad one. What makes it bad, is that subsidies are the only thing keeping it alive, but is it the case here?

We have no idea how strong the finances of this company is, clear that they are selling on razor thin margins, even they they sell way more than what Tesla does, they make as much as tesla, which shows they profit very low per car. So that means, while they are not in danger now, they might be in danger if anything goes wrong.

[Danica22]

So that means, while they are not in danger now, they might be in danger if anything goes wrong.

What are you trying to say? What will happen to them and will it put them in danger?

Because in business there are always risks and even a small mistake can cost them dearly, not only BYD but Tesla is no exception.

The reason BYD sells cars at lower profit margins is because of their business strategy. They have abundant human resources, cheaper raw materials, cheaper manufacturing costs and technology to produce cheaper cars. That means they are doing very well and their strategy is absolutely correct and appropriate for their situation.

In business, net profit is the most important thing and they are doing very well, we need to admit that. Do not discuss other issues as it is not our expertise and we do not know the internal situation of their company.

[Dogedegen]

The topic was started not because we should discuss if BYD is big or not, but to discuss if they are actually making a profit and doing a good job, or could it be like the real estate crash China had. We need to see if production is big enough, or is it actually getting sold enough to make it continue.

Subsidies is not a problem, all nations have subsidies for their companies who bring in a ton of foreign money to their nation, that doesn't make it a bad one. What makes it bad, is that subsidies are the only thing keeping it alive, but is it the case here?

We have no idea how strong the finances of this company is, clear that they are selling on razor thin margins, even they they sell way more than what Tesla does, they make as much as tesla, which shows they profit very low per car. So that means, while they are not in danger now, they might be in danger if anything goes wrong.

There is zero and I mean absolutely zero indication, data or proof to suggest that something is very wrong with BYD. This thread is worse than those altcoin speculation threads. People shit regularly on China but most of the things that they own are partially or fully built through the Chinese supply or production chains. Most goods on Amazon are Chinese rebrands too. Ironic, right?

[r_victory]

The company has expanded rapidly, especially here in Brazil. It's clear that electric vehicles are becoming a top purchasing option, even though we don't have a developed infrastructure for electric vehicles that's sufficient to support this growth. Whether it will become an Evergrande, I don't know, but high growth without proper planning could be detrimental. I hope not, as it would wreak havoc on my country's economy, as the company is investing heavily here…

[Dogedegen]

The company has expanded rapidly, especially here in Brazil. It's clear that electric vehicles are becoming a top purchasing option, even though we don't have a developed infrastructure for electric vehicles that's sufficient to support this growth. Whether it will become an Evergrande, I don't know, but high growth without proper planning could be detrimental. I hope not, as it would wreak havoc on my country's economy, as the company is investing heavily here…

BYD going down is wishful thinking from people who act like 6 year old fanboys of western car manufacturers that produce overpriced cars. Imagine what kind of person you have to be to cheer lead for a company that doesn't give a fuck about you, tries to scam you at every point with for example overpriced parts, just because you own a car of this brand? The brainwashing goes very deep with cars.

[asriloni]

Hybrid is the best way to drive if you drive because you have to,drive.

50-55 Miles per gallon

Tank of gas lets me drive 600 miles.

If I want to play with the car I attempt to coast and brake as much as I can trying to do 60 miles per gallon.

Hybrid obviously more efficient in the fuel consumption instead of non hybrid car. however the maintenance cost is pretty high. In my country, hybrid also gets double tax as it used two engins (electric and gasoline). But still remain best choice for someone who always have long distance travel instead of use EV.

[WillyAp]

The company has expanded rapidly, especially here in Brazil. It's clear that electric vehicles are becoming a top purchasing option, even though we don't have a developed infrastructure for electric vehicles that's sufficient to support this growth. Whether it will become an Evergrande, I don't know, but high growth without proper planning could be detrimental. I hope not, as it would wreak havoc on my country's economy, as the company is investing heavily here…

How do those batteries hold up?
In Venezuela some of the EV went up in flames.
Batteries don't like heat.

[Dogedegen]

Hybrid obviously more efficient in the fuel consumption instead of non hybrid car. however the maintenance cost is pretty high. In my country, hybrid also gets double tax as it used two engins (electric and gasoline). But still remain best choice for someone who always have long distance travel instead of use EV.

What countries does something so stupid? I would not get a hybrid for the reasons that you mention.

How do those batteries hold up?
In Venezuela some of the EV went up in flames.
Batteries don't like heat.

Batteries don't like heat or cold. This occasionally happens to every EV manufacturer though.

[r_victory]

How do those batteries hold up?
In Venezuela some of the EV went up in flames.
Batteries don't like heat.

So far, I'm not aware of any similar cases here in Brazil. However, I believe this is rare worldwide. It's worrying that it does happen, but it shouldn't be considered the norm. The same goes for smartphone batteries, for example. There have been reported cases of explosions, and it's a risk to consider. Nowadays, there are "flame-resistant batteries" that aim to prevent this danger.

[WillyAp]

How do those batteries hold up?
In Venezuela some of the EV went up in flames.
Batteries don't like heat.

So far, I'm not aware of any similar cases here in Brazil. However, I believe this is rare worldwide. It's worrying that it does happen, but it shouldn't be considered the norm. The same goes for smartphone batteries, for example. There have been reported cases of explosions, and it's a risk to consider. Nowadays, there are "flame-resistant batteries" that aim to prevent this danger.

Have a look and Imagine fire-workers trying to extinguish your car with you in it with water.

https://youtube.com/shorts/_88jYEahhYQ?si=XJUk3eiqv87BVj9j