Part 8/11:
A critical concern for Byd—and the broader EV industry—is profitability. Ford recently revealed that it is losing roughly $40,000 on each electric vehicle it sells. If a major manufacturer like Ford is facing such losses, expectations suggest that Byd, which makes many of its vehicles through hybrids or at lower profit margins, might be struggling to turn a profit on their EV sales.
Despite their rapid growth—more than doubling their sales within a year—financial transparency remains limited. Byd has so far announced 700,000 pre-orders last year, but there has been little news about pre-orders made this year, hinting that demand may have tapered off.