Jul. 2 at 1:55 PM
$BYDDY some investors may fully understand how BYD is able to offer such low prices compared to other EV makers. The main reason is vertical integration:
- approximately 75% of components made in-house
- owns and operates its own -carrier ships. Mine to port system runs seamlessly from raw material extraction through in-house assembly to shipping on its own vessels
- BYD Semiconductor makes its own IGBTs and power electronics in-house. BYD’s semiconductor division even supplies over 40% of its chips to external companies
- proprietary Blade Battery, no CATL or Panasonic dependency
- owns stakes in lithium mines across China, Africa, and South America including Brazil’s Lithium Valley
As BYD continues to expand outside of China, their vertically integrated supply chain will allow them to remain competitive in terms of pricing and technically they are still in the lead manufacturing and hardware engineering wise. They will continue to advance their autonomous capabilities as well.
