BYD is broke

[Hypocrite-The]

Ok lah…my budget can only buy a second hand Suzuki swift now

At least it's still a nip car...better reliability n resale value

 

[k1976]

At least it's still a nip car...better reliability n resale value

Need a bread-n-butter car to support my job

 

[syed putra]

A used car dealer in juu hu inspected some china cars and concluded its body are well put together including the welded parts and sound, heat insulation, materials used. . Not sure about its mechanical / electrical reliability.

 

[syed putra]

Need a bread-n-butter car to support my job

Ora good cat..

 

[Hypocrite-The]

 

[Hypocrite-The]

 

[k1976]

A used car dealer in juu hu inspected some china cars and concluded its body are well put together including the welded parts and sound, heat insulation, materials used. . Not sure about its mechanical / electrical reliability.

Attos3 is not as well built as Dolphin

U need Seal or Sealion to get the better build model

 

[k1976]

https://www.ft.com/content/e6ae000d-d506-4a21-898e-213002234ee2

China’s car industry runs on empty as supply chain bills go unpaid

Beijing has acted to ease stresses of a damaging price war with carmakers pressed to settle invoices within 60 days

The dominant Chinese electric-vehicle maker BYD is deepest in negative territory with its working capital




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Chinese carmakers’ price war is putting the industry’s balance sheet under strain, a Financial Times analysis has revealed, as Beijing demands more action to protect suppliers in the world’s largest car market.

Current liabilities exceeded current assets at more than a third of publicly listed car manufacturers at the end of last year, according to FT calculations based on their most recent financial reports.

The weakening liquidity picture highlights how China’s leading carmakers are being forced to squeeze suppliers to maintain working capital and fund their fight for market share amid heavy discounting.

The dominant electric-vehicle maker BYD is deepest in negative territory with its working capital, followed by rivals Geely, Nio, Seres and state-backed BAIC and JAC, while the total net current assets of 16 major listed Chinese carmakers fell to Rmb104.3bn ($14.5bn) by December 31 — a 62 per cent decline from their Rmb290.5bn peak in the first half of 2021.

Yin Xinchi, a car industry analyst at Citic Securities, said a decline in net current assets indicated an increasing rate of cash consumption, with liquidity risks as the numbers turned negative.


“Given the current downward trend, China’s auto industry is expected to enter an industry-wide elimination phase . . . in 2026 at the latest,” he warned. “During the process, some companies will die of liquidity crises.”

 

[k1976]

 

[k1976]

BYD cars grow in popularity as Singapore consumers shed perception of 'made-in-China' as second-best​

In 2020, BYD sold three cars in Singapore. Last year, it sold 6,191.

BYD's Seal 06 DM-i vehicle is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China on Apr 25, 2024. (Photo: REUTERS/Tingshu Wang)



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Justin Ong Guang-Xi
16 May 2025 06:02AM (Updated: 16 May 2025 11:48AM)
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Read a summary of this article on FAST.


FAST
SINGAPORE: Chinese electric vehicle (EV) maker BYD has overtaken Toyota as the top-selling car in Singapore — and it’s due to a combination of attractive pricing and increasingly positive brand sentiments towards Chinese technology, said drivers and analysts alike.

Data by the Land Transport Authority (LTA) showed that BYD sold 3,002 cars, or 20 per cent of total vehicle sales in Singapore in the first four months this year.

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It dethroned Toyota as the most popular car - the Japanese manufacturer sold 2,050 cars in the same period - and far outsold its main EV competitor Tesla, which sold 535 cars.

In 2024, Toyota sold 7,876 cars here, more than BYD’s 6,191.

But it was only in 2020 that BYD sold just three cars in Singapore, according to LTA data. This figure rose to 89 in 2021, 786 in 2022 and 1,416 in 2023.

In contrast, Toyota sales have remained relatively stable - with 7,704 in 2020, 9,633 in 2021, 6,405 in 2022 and 7,248 in 2023.

Tesla’s sales have also increased over the years, but not as quickly as BYD cars. Elon Musk’s firm sold 20 cars in 2020, 924 in 2021, 875 in 2022, 941 in 2023 and 2,384 in 2024.

 

[Hypocrite-The]

Attos3 is not as well built as Dolphin

U need Seal or Sealion to get the better build model

The Sealion hybrid n pure EV have better features than a Toyota...but too bad it's not safe to buy due to BYD issues n it being a chicons car