Part 4/10:
Industry experts and analysts warn that BYD’s current trajectory is threating the dominance of legacy automakers. Toyota, for instance, owns a significant share of its global sales through joint ventures, particularly in China. In contrast, BYD sells 100% of its vehicles directly, with no joint venture dependencies. This independent approach could allow BYD to adapt and expand faster, giving it an edge in the rapidly evolving EV landscape.