If you ask what electric car you should buy right now, theanswer isn’t so simple anymore. Many people wouldhesitate, thinking, “I’ll just wait and see because prices are constantly dropping. Simply put, we are in a “great price war”led by BYD, the market EV leader of the moment.
This war is extremely hard to win because BYD, withits immense capabilities in technology and production, candictate the market’s direction. The company’s ambitious goalis clear from their factory sign: “Once on the field, you mustcompete, and once you compete, you must win.” They’vealready become the No. 1 EV market leader.
BYD’s aggressive price cuts have caused chaos for otherbrands, especially smaller ones that can’t compete on cost.Even BYD’s move to sell directly, like Tesla, has hurt its owndealers, many of whom are closing down.
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