A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending a bit beyond that. Some automakers have contended that BYD is engaged in an extreme, destructive price war. We’ve seen various takes on this from different automakers, and China’s Ministry ... [continued]

BYD’s profit margin (above 5%) was better in Q1 2025 than in most quarters in the past decade. There are just a few quarters that were even notably higher.

And BYD only has ~15% of the overall automotive market in China

their share of the overall Chinese market is less than GM’s share of the US market now

BYD could double sales and still have a smaller share of the overall Chinese market than VW has in Germany. Still not be close to triggering Chinese anti-monopoly measures.