4 hidden risks that will turn China’s EV giant into a bubble
4 hidden risks that will turn China’s EV giant into a bubble
Udumbara
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Many like to compare Tesla with BYD. They tend to ignore BYD’s hidden crisis. Despite a record-breaking financing activity and stock prices, investors of China’s EV giant BYD should worry about the company’s prospect. BYD’s publicity work appears far superior than its production and product quality. BYD has 4 debilitating conditions that will turn the Chinese EV giant into the next Evergrande, due to similar unsustainable ambition.
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