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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars
(www.washingtonpost.com)
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this post was submitted on 27 Aug 2023
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They are far simpler with fewer parts. It is only a matter of scaling up manufacturing. The biggest cost is the battery.
BYD is closing in on Tesla as the largest EV manufacturer and most Americans have no idea they exist.
I visited the BYD factory years ago. I have no idea how big it is compared to others but it absolutely blew my mind. I was up on like 5th floor and when they sounded the lunch bell it looked like ants out the window. I think they said it was about 600k employees in that building.
600k seems a bit too much. That's a fairly large city.
I don't know how many workers BYD have, but Foxconn flagship factory is Longhua Science & Technology Park and it is a small city with hundreds of thousands people working there. Check the Google Maps satellite view, it's crazy.
It being huge is an understatement. They have dorms where people live on-site and it’s they are massive. Multiple soccer complexes and tons of restaurants all on campus.