If you asked the typical European or American about BYD a couple of years ago, only the biggest petrol-head or an astute follower of Warren Buffett’s portfolio could have given you a confident answer on what the company does.
It’s taken a brutal price war with Elon Musk and an ascension to the top of the Chinese car pyramid to change that. Now that it’s left competitors in a “state of shock,” BYD has become hard to ignore.
However, as BYD fights a declining share price, Europe’s automakers have a few reasons to be optimistic that they will fare better in a battle on home soil.
Never going to get a newer car?
Who the fuck can afford that?
Well… I mean lots of people do but not me.
And ‘new’? I don’t think new straight-off-the-lot is very good value anyway due to depreciation. I’d much rather have a used car in good shape that’s had the bugs ironed out of it than play the shiny-shiny game. Fuck Veblen goods.