BYD Surpasses 6 Million Electric Vehicles Milestone. 🚘⚡⛽

BYD, the Chinese automotive giant, has achieved a groundbreaking milestone by producing an impressive 6 million electric vehicles. This accomplishment solidifies BYD's position as a leader in the electric car market.

In 2022, BYD made a strategic move by transitioning away from internal combustion engines, focusing entirely on electric vehicles. This decision has proven to be a key factor in their success.

BYD has taken the lead in electric vehicle patents, boasting an impressive 13,000 applications. Notably, approximately half of these patents are centered around the company's advancements in battery technologies, showcasing their commitment to pushing the boundaries of electric vehicle technology.

While Tesla, a major competitor, achieved the 5 million milestone in September 2023 and aims for 6 million in early 2024, BYD has already surpassed this mark. The competition between these giants is shaping the future of electric cars.

BYD's emphasis on battery technologies is evident in its patents, safeguarding their advancements in battery packs. This focus is crucial for the continued improvement and adoption of electric vehicles.

In contrast, Tesla places a strong emphasis on software and connectivity in its patents, highlighting the significance of its vehicles' software infrastructure. This reflects the different approaches each company takes in driving innovation.

BYD has recently made headlines with a colossal electric vehicle charging station in Shenzen, China, established in partnership with Shell. This station boasts 258 fast-charging points, making it the "world's largest." Equipped with solar panels on the roof, it produces up to 300,000 kilowatt hours of electricity, showcasing BYD's commitment to sustainable infrastructure.

#BYD #China #Chinese #Tesla #ElectricCar

The brand that Elon Musk once despised became an automobile giant

CNN reminded me of Elon Musk's words about BYD, Tesla's strong rival.

According to CNN, BYD, the #Chinese automobile manufacturer that Tesla's owner Elon Musk once made fun of, surpassed Tesla as the company selling the most electric vehicles in the world at the end of last year. The Warren Buffett-backed company and Tesla have been neck and neck ever since.

Now BYD is challenging by introducing a new hybrid powertrain that it says can take it from New York to Miami without refueling, according to CNN's analysis. This figure means approximately 2,100 kilometers in one trip. According to The Wall Street Journal, leading global hybrid car manufacturers typically have ranges around 1,100 kilometers.

According to CNN's analysis, #Tesla is the best-selling electric car in the United States, but is losing market share overseas to rivals that can produce vehicles at less cost. According to CNN, Tesla has not made any significant innovations in recent years and BYD is relatively cheap, allowing the Chinese brand to challenge Tesla.

In his article, CNN questions how #BYD transformed from a small scrap producer into a global powerhouse. He recalls #ElonMusk saying in a 2011 interview with Bloomberg that he didn't take BYD seriously.

CNN reported, "In that interview, Elon Musk responded to the question about BYD competing with Tesla with a smug laugh. "Have you seen their cars?" to the interviewer. he asked, and when the reporter pressed him, he said he thought BYD's product was "unattractive" and its technology "wasn't very strong."