Etiqueta: thailand

BYD's Profitability Dilemma: Navigating China's EV Price War and Global Expansion

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

The Resilience and Opportunity in China's Smaller EV Makers Amid BYD's Global Expansion

BYD’s Profit Decline and the Risks of Sustained Price Wars in the EV Sector: Assessing the Long-Term Sustainability of Aggressive Growth Strategies

BYD's Profit Decline and the Risks of an Uncontrolled Chinese EV Price War: Assessing the Sustainability of a High-Stakes Growth Strategy

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.

BYD's Margin Compression and Strategic Resilience in China's Price War-Driven EV Market

Support CleanTechnica's work through a Substack subscription or on Stripe. Apparently, we jumped the gun a couple of days ago writing about the markets where BYD has been expanding. It’s been growing in Nepal, Malaysia, and Cambodia, and it has also begun exporting vehicles from Thailand to Europe. Now we ... [continued]

It may be easy to dismiss initial numbers in emerging markets as being relatively small in quantity and purchasing power. But those markets are developing as the people within them develop. Establishing brand preference and tying the brand to the economic emergence of these countries has an impact that extends far beyond monthly sales rankings. Electric vehicles are the future, and BYD can make their brand most associated with that future. The opportunity exists to establish long-lasting brand preference that can span generations, if BYD can take advantage of it.

BYD has begun exporting cars made in Thailand to Europe, partly in response to Thai policies that apply to vehicle imports.