And can they stay on the 2011 . The comment . Well, lita was still not seeing stoke. Why do you why the fine to continue . Why do you have you seen that problem . Well, this age like milk. At the end of 2023, b, y, d stormed pulse testing to become the number one e v manufacturer out on the planet. So is b y d having the last it off . There to be fed, you know, must, because since said that b y d is very competitive like rest the drake, b, y, d. So the ballston before reaching the bottom. But how did this budget phone back to reproduce becomes the best selling electric come manufacturer . And how long can they remain a number one . We will see a, a b grace between b, y, d, and test law in the next 3 to 4 years. In the final quarter of 2023, b y, d, out sold tesla in battery of the cost 526002484004 the 1st time reading shows is the kind of the changes happening kind of in the car industry environment, most of be why did you say i was being within china . Is that because market about 90 percent of the sales and a lot of that kind of stuff there is done on, on sending kind of the big volumes and the part competitive prices. This is not a complete surprise as it was the 2nd year in a row. They beacon tested that in terms of production. But the 1st time around the figures included b, y, d, e v plus the hybrid. So with the i a in munich in 2023, b y, d was more than happy to fix the last the ways 1. 86 needed deal. And to vehicle cost sales, which is the 3. 00 times of the previous year. The way they become there was number one deal and the tv correct . Now its between testing that would be the only the b y d or build your dreams once a small spouse up with just 20 employees. Back in 1995 has evolved into an electric cod jillions founded by chemist one to one who in china. Its initially manufactured, lithium, ion battery use for mobile phones, just as the smart same trend to gulf business boom, supplying giants like my to roll out. And nokia trends who had already been interested in Factory Technology as a student in 2003 b y d ventured into cost by acquiring sean kenney swan ultima bill. This the system to b y d, or tags. The x 3, its the best bus can engine. Com, which look similar to the toyota corolla, debuted in 2005, but it was much cheaper than a corolla the science. He sells the data, b, y, d and to the electric vehicle space with the ex 3 d. M. The it was the well 1st mass produced plug in hybrid automobile flow at the time, the still 8232000000. 00 investment from one buffet and 2008. Fuel b, y d e v m bush and 2020 b y d launch the blades bucktree and l s p or the c m i n phosphate factory, which cost less than other types of lithium ion battery is used in a v the b y d s blade was more compact. Im seeing the se service. Well, 11 a b y d t sedan and subsequent muscles incorporated the blades, battery b, y, d e b sales searched from almost 100 and especially 1020221 point 57000000 in the following year. The battery is the most expensive part of the car. Its about 40 percent of the cost of an electric cars, the better you. And if you have competency isnt a battery. Yeah. Also emulation wise, but also cost wise. Then you have a big advantage in building electric costs. Like neo before the b y d is playing Global Markets, especially europe with launching 3 of them of the co incidence. That b, y, d was named the official e v. Sponsor of the euro 2024 football championship. That could be another nail in the coffin for the gym, and Auto Industry as this was long volkswagens golden tickets. Now b, y d is on everyones lips. You are the a 2 or 3. I should say you have a hoover the bends in others would allow those, id say advocacy and will help with b, y d can no longer say that the biggest. Com brand youve never heard of already a joint in asia. Theyre expanding around the globe to fix the for the scenes. Launching the past, just call print euro last october. The id and its saved in europe in congress. Wheezing. Just 11 box run is of chinese eves and b y d owes much to a post by the chinese government. The industry has enjoyed huge tax breaks. Thats led to b y d s donation domestically with a market share of 5 percent in china compared to testers. In point take, the biggest difference would be kind of look at and this is kind of where they compete. Tesla still kind of has that kind of face style design, and this kind of, we would design around that kind of testament batch of brands. Now with b, y, d much will compete on its own price, but its kind of an offering more for the same prices of the cost of the warranty has been able to on the contests, pricing that causes a lot cheaper science to the subsidies. But thats another secret to the success. Unlike testing b, y d went to the low hanging fruit plates, buses, enabling them to produce batteries in mass quantities. That development has been to the success, giving them a huge advantage over the us and european rivals. Unlike many of that competitive b, y, d produces launch pump, so that calls themselves helping them to avoid extra cost delays on logistical problems. The Different Companies like tests that is one of the, the competitive advantages of a, b, y, d, that they have a high added value of about 70 and 75 percent of added value in the cop uh that they make themselves. And this brings them to this position. They are now b, y d calls. This is actually co integration. All of the building, the pollution capability give us the predictability decides to respond to the mom page, chit chat, as well as a better support for brand developing and the Customer Service and be wanting to use that to be securing lithium deposits to strength and that vertical integration, that successful formula looks to continue the so b, y, d to stay at number one, they need to expand. And this road may not be as smooth as the domestic one has the butts growing demand in Southeast Asia and australia certainly helps. And b y d, or reggie has a significant market share in play them the europe poses tougher problems. The aggressive expansion of the chinese Auto Industry into europe has ruffling some feathers. The u commission is investigating chinese imports, which could lead to increased terrorists. This move is driven by concerns about unfair competition, because if they stay subsidies, we mentioned earlier that this is a double edged sword that could do more home to european comm brands. You see that the 2 im a manufacturer us. Um not really. Um, happy uh that uh and thats a discussion of imposing uh, texas to chinese manufacturers because they know um if uh, yeah, um the chinese get brooklyns uh, but yeah. In europe and, and that regular. Thats where we had those. Yeah. Uh for the chinese play as coming to you, the same will happen then in china to be one day says it wont build a new electric call, fax, train, hungry. So coming to Chinese Company to make cause in europe. The investigation aims to push manufactures including b, y, d 2 has been promising. The u as a response, b y d is looking to build a factory and hungry. Ready b, e u is also working on establishing its own back to a supply chain. Tackling challenges such as obtaining critical rule materials domestically on the west. Its an even tough on market to crack tensions between showing them in the us have meant that b y d is taking unless aggressive approach to entering this territory. The theyre, theyve supplied electric buses to the us for years. B y d have no 10 to the comb market that and it looks like it will stay that way for now as the us cars the impose is a 27. 5 percent terrace on automotive inputs from china. Testers, normally we mentioned low cost, the v has yet to materialize, but it could provide to notice that the cheap tvs, the to flight did the market from china. Well b y d currently was the crown taken from tesla. This is a mattress and no sprint. These tube yeah. The the that will be the head of the peck. So to say m volkswagen as a cock group is also strong. But um yeah, thats a gap between these 2 woods and i would say that the b y do you would lead to . Yeah. The electric car ranking for the next few years. So i think thats an interesting thing is less about the battle between tester and b, y d and more about kind of what the big establish manufacturers have a 100 years of history, amazing cost. I got to do to catch these up stats. So while these 2 e v giants get out, gym and brands like dw seemingly sit and watch from the sidelines type thing for scraps. What is clear if jim and brands want to compete with b, y, d, and test the, the key factors innovation and price to im a manufacturers, especially to be at least as innovative as test law and the chinese play us. And if we are not more innovative, then tesla and the chinese, its clear they can be more expensive. But could we see another chinese brand come out of nowhere and replicate b y d success like ocean most. Youve joined the li gimme its a for me uh, very interesting uh global playoff the future. Because they have a quite a broad broad arc portfolio. And in the, yeah, we also see that the quite innovative in the electron mobility that hes phelps. And so i would also bet on the, the groups as an important competitor of the future. Were witnessing the imagine so that the price will across the Global Markets as legacy brands respond. And these new play is to, dominates. This is a win for can see him is one that looks set to prolong the boom in a v sales. But the geo Political Climate means this road is the most estimated one. So a less of the call manufacturer was innovate soon. B, y d will be hard to describe the what do you think . Leave us a comment until you forget to subscribe to our channel. The, the the, the put the in has been opened really aggressive when ukraine for more than 2 years now. But as for all the concourse is not confined to you, hes also clearly exhibiting influence on other fama. So if you have states as well, for instance, in georgia and model of georgia, has foster contribution legislation that labels non governmental organizations as foreign agents leading to be some heavy. But then the legislation is being regarded as a copy of a similar russian law and model of all which is due towards president ial elections and a referendum on