Thank you for your contribution! 🤗
I looked into BYD a few months ago and decided against investing.
I am simply suspicious of the interference of the state (China). I have no idea how the business would run without all the direct and indirect subsidies. And the price war for EVs will cause everyone to lose ground. Sure, BYD will not disappear from the market. But it won't be a sure-fire success either.
BYD remains on my watch list for the time being.
I looked into BYD a few months ago and decided against investing.
I am simply suspicious of the interference of the state (China). I have no idea how the business would run without all the direct and indirect subsidies. And the price war for EVs will cause everyone to lose ground. Sure, BYD will not disappear from the market. But it won't be a sure-fire success either.
BYD remains on my watch list for the time being.
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•@KohleKompass BYD is only just starting to conquer the markets outside China, so looking in the rear-view mirror will hurt at some point.
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•@SAUgut777 I've put them on my watch list (which is bursting at the seams) and will keep an eye on their progress over the next few weeks 😊
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•@Johannes1993 my watchlist is the same 🫣 ...but at some point it's always too late 😉
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