The EV Rivalry - Tesla vs BYD / How BYD is Kicking Tesla's Ass
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Summary:
Electric Vehicles or EV market has grown aggressively and is now expected to grow at a CAGR of 14%. EV industry is being supported by the government to reduce emissions and the companies in the EV space are also being assisted by the respective governments to help them dominate the global market. By 2050, EVs could comprise over 70% of the global automotive fleet.
Tesla was the name synonymous with the Electric Vehicles since a very long time. However, BYD, a Chinese company, is not just challenging Tesla but has also surpassed Tesla in terms of Units Sold as well as revenue recently.
While the EV adoption has started across the world, with 60% of the global sale of electric vehicles, China dominates this market.
Chapters:
0:0 Intro
01:00 EV Industry
02:02 Trends in EV Industry
03:11 Leading Players
04:21 Tesla
05:31 BYD
06:14 Strategic Difference Between the Two
07:22 Expanding Into Each Other’s Territory
08:30 Battery Battle
09:28 Who is Leading
10:52 What Future Holds
#history #casestudy #geopolitics #global #documentary #world #companies #economy #tesla #byd
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