Re:BYD cuts price by 20K across the board
by WheelsAtLarge on Wednesday February 28, 2024 @10:47PM
(#39546210)
Battery production is a big advantage. Their moat will be size. The bigger they are, the less likely they will face competition due to economies of scale. Good for them.
That opens the way to get their own batteries cheaper and to supply batteries for power walls and third party cars.
It also takes the pressure away from Malaysia having to store quite so much low level radioactive waste and acid pools at the Lynas' rare earths refinery.
Swings, roundabouts.