Here is the irony...... Tesla builds a better EV and in theory you could replace the battery 2-3 times getting 300k miles or more from the vehicle.
However, with the current cost of replacement batteries AND the subsidies and tax breaks for purchasing a new EV they have effectively made them “disposable vehicles”. Drive it until the battery dies and just buy a new one for a few thousand more than replacing the battery.
The cost and inconvenience of public charging is also erasing the operating cost savings for those who cannot charge at home in their own garage or dedicated parking space.
In that kind of market, BYD, which are lower quality but cheaper, will be quite competitive. China also has room to subsidize their products since they make the batteries.
The EV market is very distorted right now and the green energy policies of our leaders are making it even worse as an increasing amount of batteries are diverted for grid energy storage systems and insurance companies are realizing that any damage to the vehicle will likely require battery replacement.
Like Musk, Sandy Munro has a very high opinion of BYD engineering and build quality. He shares his expertise o. Youtube.