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Kam sun Leong
China Observer
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Comments by "Kam sun Leong" (@kamsunleong6648) on "BYD’s Debt Soars to $73 Billion; Rapid Expansion Raises Concerns of Evergrande Repeat" video.
BYD evs have 5 star safety rating from Euro NCAP. Unless as a European you don't trust your own safety agency test results.
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BYD projected to sell 4 million evs this year. Their 2024 third quarter net revenue USD28.2 billion up 24% year on year while net profit USD1.6 billion up 18% year on year. Why would they be concerned about their debt. Cash is flowing in all the time for debt servicing.
8
Tofu brain may not. But the rest of us will. They already outsold Tesla in Asean. They also control 53% of the market in Latin America. The next could be Down Under. They just got started.
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. There is no comparison.They are selling more evs than ever before. Their projected sale for 2024 is 4 million evs. They have only just getting warm. Net revenue for the third quarter this year isc USD28.2 billion, a 24% increase year on year. While net profit is USD1.6 billion, an 18% increase year on year. Unlike Evergrande with their incomplete and unsold real estate.
7
@turnip9186 Bring your dollar. They are bigger than Tesla now.
5
Yet they sell more evs than the rest of the competition. Putting fear into Washington and EU. High tariffs won't stop them.
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