Baffled: Japanese take apart BYD electric car and wonder: 'How can it be produced at such a low cost?'Yea, Tesla does similar things reducing overheads by bringing in-house what other automakers use outside suppliers to do. But the extent to which BYD controls the entire supply chain to keep costs down makes even Tesla look like a "traditional" automaker:
A teardown by investment bank UBS of the BYD Seal revealed that 75% of its components were made in-house. Its competition, the Tesla Model 3 only uses 46% of components that are made in-house
BYD's total control of the supply chain has both vertical and horizontal integration. They even make the cargo ships that are used to transport the cars! Tesla ain't doin' thatTue, 12 Nov 2024 13:34:49 +0000
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