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Comment by themgt | Hacker News Reader

I agree with most of this, but it's worth noting BYD is only 35% of China's auto market. Tesla is #2 at 8%. All the rest are other Chinese companies.

People in this thread are focusing a lot of ire at Tesla, but why do none of the other US, European, Japanese or South Korean auto makers make a showing? Why are they all behind not just BYD and Tesla but a bunch of other Chinese companies most people have never heard of? It's easy to blame Elon and his dumb tweets, but China is eating everyone's lunch in EVs, Tesla is notable solely for being in the game and losing while effectively no other auto makers are even in the game.

Literally most of the top 10 EV companies in China are doing more EV sales solely in China than the global EV sales of basically any other company on earth except Tesla (VW gets a big asterisk). A truly incredible failure across "the west".

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Definitely agree that it's not just Tesla that failed, but I think the focus on them is because they kind of kick-started most of it. When you're 10 laps ahead and you still manage to lose the lead, you're gonna be the main story.

The other auto makers don't want to switch to EVs (despite the typical PR showing around it). They were not ready for it and are many years behind. They are doing this mostly out of panic because after Tesla, it's clear that there is a market and people actually want them. Now governments are also starting to force transitions (although force is doing a lot of work here given the time frames).

What surprised me the most is BYD being sold here in Brazil, and other developing countries, when there is basically no charging network. Goes to show how the profile of consumers is different. People in the US still complain about range like they will actually travel from NY to LA, meanwhile people here are buying BYD for the luxury/status/aesthetic of it without even giving a second though about range.

My previous prediction was that it would be similar to the US where we'd only have adoption after there was progress in the charging front, but I was thoroughly wrong. People in these countries are more than happy to "sacrifice" in that front for a very expensive good looking car. It's more about the status than anything else since we don't have EV subsidies or anything similar to make it advantageous financially (at least to my knowledge).

I was going to reply by saying something similar: BYD sells 90% of their cars in China.

I don’t think their success in China is a guarantee anywhere else, even if they are doing well in Brazil (which is not a very important automotive market, representing 1/10th the sales volume of the USA while having less than half of its population).

It’s also important to remember that BYD sells hybrid vehicles. Granted, they ship more pure EVs than Tesla.

I think it’s easy to see why EVs suit China well. There’s no range anxiety when you have more high speed rail than the rest of the world combined. There’s also no long-existing petrol car culture or infrastructure, China is starting from scratch. Many of their EV buyers could be first-time car buyers. Probably close to 100% of car buyers in the West have owned other cars.

From a policy level, oil is an import product for China, and components for EVs are domestic products, so they have an obvious incentive to electrify.

This goes back to my feelings on why the CyberTruck wasn’t a waste of effort: again, it’s competing with the most popular vehicle in the USA in the most profitable vehicle segment on the planet that is entirely protected by the US government from imports (the chicken tax). Financially think the CyberTruck is almost guaranteed success.

It's because Tesla had the lead, had many opportunities to keep the lead, but lost it.

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