BYD, a company you’ve probably never heard of, is making huge gains in the electric car market, worrying both Tesla and the European car companies. In this video, we’re taking a look at who BYD is, where do they come from, how are they so successful, and why is it making everyone worried?
Main highlights:
00:05 BYD has overtaken Tesla as the biggest EV company with record sales.
01:39 BYD emerging as a dominant force in the European EV market
03:28 BYD transformed from manufacturing rechargeable batteries to becoming a key player in the EV industry
05:09 BYD’s rapid growth fueled by low pricing and government support
06:51 Vertical integration is key to BYD’s success in dominating the EV industry
08:34 China’s BYD and other companies are dominating the EV industry.
10:13 EU grappling with protection of domestic car industry and access to affordable EVs.
11:52 Brilliant offers interactive learning in maths, data science, and computer science
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