BYD's story to me is more about timing and some experiments paying off.
as a battery manufacturer, it probably took some internal management's push to continue developing on this area despite earlier setbacks. note that they tried developing other electronic devices without reaching this level of success.
china itself had a lot of regional electric car manufacturers in the past decade, out of whom a few have emerged as successful. it would not be completely fair to chalk their success down to getting "unlimited money from the government of the second largest economy".
the current declining economy has forced chinese automotive industry to look outside for continued growth, and i find it to have a similar consequence as the solar panel dumping of the early 2010s.
as a battery manufacturer, it probably took some internal management's push to continue developing on this area despite earlier setbacks. note that they tried developing other electronic devices without reaching this level of success.
china itself had a lot of regional electric car manufacturers in the past decade, out of whom a few have emerged as successful. it would not be completely fair to chalk their success down to getting "unlimited money from the government of the second largest economy".
the current declining economy has forced chinese automotive industry to look outside for continued growth, and i find it to have a similar consequence as the solar panel dumping of the early 2010s.