China is coming!

Professor Jeffrey sacks University of Colombia explains How China leave United States behind of their technology such as Solar power, EV, green energy for example In 2023, Chinese automaker BYD officially overtook Tesla to become the world’s largest producer of electric vehicles, marking a historic shift in the global auto industry. The rise of BYD, led by founder Wang Chuanfu, is a major victory for China’s EV sector, and a serious blow to Elon Musk’s longtime dominance. Just a few years ago, China was a net importer of cars. Now, it’s the top vehicle exporter worldwide, and BYD is at the center of this transformation. With affordable models like the BYD Seal, an EV priced under $30,000, BYD is delivering competitive tech at prices traditional Western automakers can’t match. A Battery Company Turned EV Leader BYD started in 1995 in Shenzhen as a battery manufacturer. Using a $1 million family loan, Wang Chuanfu built the company from the ground up, supplying phone batteries to brands like Nokia and Motorola. In 2003, BYD bought a small EV company and shifted into the car business. Unlike others, BYD took a different approach; it built cars around its batteries, giving it an advantage in efficiency and cost. By 2009, BYD had caught the eye of Warren Buffett, who invested $250 million in the company. Over the next decade, BYD grew rapidly, helped by the Chinese government’s push for electric vehicles under its “Made in China 2025” strategy. Surpassing Tesla by the Numbers In 2024, BYD earned $170 billion in revenue, beating Tesla’s $155.5 billion. Its valuation climbed to over $100 billion, putting it ahead of Tesla at $97.7 billion. This success comes from vertical integration—BYD produces its batteries, builds its vehicles, and even controls parts of its lithium supply chain. According to UBS, BYD cars cost around 15% less to produce than Teslas built in the US or Europe. With deep control over its supply chain and manufacturing, BYD can deliver EVs at prices that make global competition extremely difficult. #china #byd #overtake #tesla #become #world #largest #producer #electric #vehicles

0

7

Share

They say YOU LIVE TWICE. First, when you’re born. Second, when you discover why you were born. Your life has a purpose, a deeper meaning. You’re not here by mistake. You’re not just a blip in the system of existence. You’re not just a grain of sand in the ocean of time. You’re just a filler in the grandstand of life. You’re not an extra on the set. You’re the main character around whom the whole movie set of constructed. You’re the talent around whom the script was written. God has a plan for you. Jesus died for you to live out that plan. This is your moment. This is your season. Honour God. Take courage. LIVE YOUR BEST LIFE. VT #vusithembekwayo #thembekwayo #keynotespeaker #strategy #stratosphere #amazon #mars #ocean #life #human

23

1

7

48

Share

⁣Preventing leaky faucets is a simple yet effective way to conserve water, reduce utility bills, and avoid potential water damage. Regular maintenance is key, including replacing worn washers, cleaning aerators, and avoiding overtightening handles. Upgrading to ceramic disc valves and installing water softeners can provide long-term solutions to common faucet issues.

By implementing these preventive measures, homeowners can significantly extend the life of their faucets, minimize the need for repairs. If you want to hire a skilled plumber in Toms River to fix your leaky faucet issues, then you can count on the professional experts at Mr. Rooter Plumbing of New Jersey. For more details call us at 732-210-9996 or visit our site now at ⁣https://www.mrrooternj.com/plu....mber-toms-river-town

#plumbing #leakyfaucet #plumbingservices #plumbingrepair