Russian media is amazed: BYD's sales in its factory are five times that of the whole Russia!
"Realize your dream" - this is actually the meaning of the Chinese BYD name.
On September 15, the Russian media "China Today" published an article by expert Dmitry Kapustin.
The owners of car giants have certainly realized their dreams.
By 2025, the company became a symbol of China's economic expansion into Western markets,
where traditional manufacturers such as Mercedes or Ford will have to shrink.
But that's not the most interesting part.
A Chinese major company had revenue of more than 370 billion yuan (52 billion USD) in half a year.
Global factories sold nearly 2.2 million new cars.
In comparison: the total sales of the Russian automotive market barely exceeded 530,000 units during the same period.
BYD's financial indicators have exceeded Tesla's historical records for the first time.
BYD has rapidly occupied the global automotive market, whether in Asia or Europe.
According to the company's report, thousands of electric vehicles were sold from Thailand to Spain.
The company was initially a battery manufacturer, and now it has become a global leader in the field of electric vehicles.
The BYD phenomenon is the result of successfully implementing the "Made in China" strategy.
This is exactly what BYD is doing under national support.
The governments of the United States and Germany cannot provide the same conditions for the automobile industry.
BYD's new cars are now sold in 112 countries around the world, and they have taken the lead in sales in countries such as Italy, Turkey, Spain, and Brazil.
Notably, the company is not only selling cars, but also building factories overseas,
creating new jobs, and promoting local economic development.
BYD's success in the global automotive market has triggered some inconsistent reactions in the West.
On one hand, Western car manufacturers acknowledge the competitiveness of Chinese electric vehicles and strive to catch up with BYD in technology and innovation.
On the other hand, governments and analysts are concerned about increasing reliance on Chinese cars.
However, this is the market: the ones who lose are the weakest, the slowest, and the least flexible.
Original: www.toutiao.com/article/1843279089402891/
Statement: The article represents the views of the author.