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33 Tiong EVs tio BBQed

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Stupidman
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https://www.thisismoney.co.uk/money/electri...ery-blazes.html
https://www.thesun.co.uk/news/39294996/huge...moke-fills-sky/
 
@superpower BYD (SG) is sustaining loss or making profit?
BYD Sg is #1 sales in Singapore, partly helped by subsidies from China parent to bid aggressively COEs.

It's BYD China that's in trouble because of intense involutionary competition - super-slim profits, over-production, car graveyards. It overtook Tesla as world's #1 EV producer but is losing ground to competitors at home to competitors like Nio, Xiaomi and Xpeng who are pouring more money into software - BYD's Achilles' heel. 2026 saw the weakest growth in 5 years, sales plunged 36% in Jan and Feb alone in Chinese markets.
 
BYD Sg is #1 sales in Singapore, partly helped by subsidies from China parent to bid aggressively COEs.
All the local authorised retailers are making hefty profits. The parent company is bleeding and will go bankrupt in the near future. I would rather get XPeng.
 
Obviously sabotaged by Japanese and European comPetitors.

It's jaecoo j7 is UK's best selling car

 
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