31 March 2025

BYD Set to Surpass Toyota by 2030 – Is the Auto Giant's Reign Over?




h0ngcom :

I don't think so for many many reasons.

1. It likes to wage price wars, lowering prices drastically and immediately, that it is considered a betrayal of previous buyers (before the discount). It also reduces the resale value of the cars. 

2. The problem of shortage of parts. Consumers have to suffer from waiting for parts, especially body parts. There are cases in Thailand where it is claimed that waiting for parts can take up to 8 months. 

3. People still trusting in Japanese products and don't trust in Chinese products, and also avoiding Chinese products. Car consumers still value stability, reliability, brand image and nationality (of the brand) image more than the technologies in the car. Chinese cars are still highly despised, especially on social medias, but Japanese cars are not.

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