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BYD’s first-half profits surge despite price war in Chinese car market
- pg_1234 3y agohttps://archive.ph/NieTT https://archive.ph/NieTT
- hunglee2 3y agoBYD being a major battery maker, as well as rare earth refiner, means it has vertical control of the most expensive components of that go into NEV's. Extremely tough customer to beat, will see a lot of Chinese automakers go out of business or end up pivoting to other types of vehicle manufacture. Tesla safe though, US market not available to BYD