This is a most excellent place for technology news and articles.
Interesting, because I heard recent reports of huge amounts of inventory and large upfront manufacturing costs painting a picture of a company with extremely large amounts of debt to service. Some likening it to the Evergrande property company.
I doubt it's on that scale, but I could easily believe BYD is another hyper accelerated company with shaky fundamentals.
The question is can they survive when their cars catch on fire at an alarming rate? https://www.yahoo.com/news/articles/hundreds-cars-burn-byd-fire-130025851.html
And they say batteries aren't to blame, because you know car seats, electric motors, and body panels are known for just randomly catching fire. It obviously wasn't the batteries /s
Even the article you linked states that there is no definitive evidence on the source of the fire.
BYD claims a contractor mishandled equipment and ignited insulation material, which sparked the greater incident. Others speculate that a faulty battery was the source of the fire. Nobody is talking about body panels... and a faulty electric motor definitely can start a fire.
Nobody knows for certain yet, so I don't know why you're painting such a strong narrative... other than to antagonize BYD with sensationalism.
Electric cars are a not the future. Public transit is.
Electric cars exist to bail out the automotive industry. They will become the albatross around Chinas neck as their population ages out of consumption.
