BYD controls roughly 70% of Mexico’s EV market, with cheap vehicles attracting middle-class buyers seeking alternatives to rising gasoline costs and traditional electric cars.
BYD controls roughly 70% of Mexico’s EV market, with cheap vehicles attracting middle-class buyers seeking alternatives to rising gasoline costs and traditional electric cars.
Not at the level of BYD, the Chinese government has let them slide $4B into the hole.
“BYD’s net profit fell by nearly one-third in the first three quarters of 2025, while its debt burden surged several-fold.”
“Although BYD still ranked first in China’s new-energy vehicle market with retail sales of 307,000 units in November 2025, year-on-year sales dropped sharply by 26.5 percent.”
Why - because once the idiots initially buy these cars, reality hits with quality problems and recalls.
“As the saying goes, consumers “vote with their feet.” With mounting quality complaints and an increasingly challenging economic environment, BYD has begun facing inventory buildup and slowing sales.”
https://www.visiontimes.com/2025/12/16/byd-faces-mounting-inventory-and-surging-debt-as-quality-complaints-flood-the-internet.html
Nope. It’s because BYD was getting ready for 2026. While other companies are worried about sales BYD’s concern was prep work. Keep an eye on Europe.
Oh no. My cheap economic car isn’t as reliable as a Toyota but still isnt suffering reliable issues of a $60k+ domestic.