this post was submitted on 07 Jan 2024
192 points (91.4% liked)

World News

38969 readers
3878 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

When China’s BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles, casual observers of the auto industry might have been surprised.

But what’s caught other carmakers around the world off-guard is something else about BYD, which is backed by Warren Buffett’s Berkshire Hathaway: its low prices.

“No one can match BYD on price. Period,” Michael Dunne, CEO of Asia-focused car consultancy Dunne Insights, told the Financial Times. “Boardrooms in America, Europe, Korea and Japan are in a state of shock.”

BYD can keeps its costs low in part because it owns the entire supply chain of its EV batteries, from the raw materials to the finished battery packs. That matters because a battery accounts for about 40% of a new electric vehicle’s price.

you are viewing a single comment's thread
view the rest of the comments
[–] Jode@midwest.social 88 points 10 months ago (4 children)

The American car companies haven't exactly been stellar with regards to quality, reliability, and safety lately either.

[–] vivavideri@lemmy.world 25 points 10 months ago
[–] Vash63@lemmy.world 9 points 10 months ago

My VW-built EV seems pretty high quality. China and USA aren't the only game in EVs.

[–] Sheeple@lemmy.world 8 points 10 months ago (1 children)

Get Yourself an European car???? That's where you go for quality

[–] pineapplelover@lemm.ee 22 points 10 months ago (3 children)

Then get yourself a Japanese car. That's where you go for reliability.

[–] Hyperreality@kbin.social 5 points 10 months ago

Depends on the make and model.

[–] UltraMagnus0001@lemmy.world 3 points 10 months ago (1 children)

Mazda non turbos are very reliable. My 2014 Mazda 2.5l only ever needed oil changes, tranny fluid changes and now at 130k miles I have to do the front control arms. My VW 2010 Passat wagon 2.0tsi needs constant maintenance, like carbon cleaning, water pump dsg fluids, pcv and so on, but I have 200k+ miles on it with no oil burning and original suspension parts.

[–] TheDarkKnight@lemmy.world 1 points 10 months ago (1 children)

Didn’t the Japanese car industry only just finally jump in the EV game?

[–] pineapplelover@lemm.ee 1 points 10 months ago (1 children)

I think toyota and hyundai are in the game now

[–] TheDarkKnight@lemmy.world 2 points 10 months ago

They are, they just wasted a lot of time with Hydrogen tech instead building up their EV capabilities

[–] bluGill@kbin.social 2 points 10 months ago

Strange how that reputation persists even when they tak, a car made by someone else and put their name on it.