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Sekuru Kaguvi Gumboreshumba History

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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

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Debts are cancelled.

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⁣Ever wondered about the exquisite process behind crafting the luxury delicacy, caviar? Dive into the world of sophistication and taste with this fascinating journey!
👨‍🍳 Masterful Harvesting:
Discover the meticulous art of harvesting sturgeon roe, where skilled experts delicately extract the precious eggs.
🧂 Curing Magic:
Witness the transformative curing process as the roe is gently seasoned with premium salt, enhancing its distinct flavor profile.
🌿 Infusions of Elegance:
Experience the infusion of unique flavors, from traditional to innovative, as caviar artisans create a symphony of taste sensations.
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Learn the art of pairing caviar with accompaniments like blinis, crème fraîche, and fine champagne for an unparalleled gastronomic experience.
Uncover the secrets behind this culinary masterpiece and elevate your appreciation for the world of caviar! 🌐✨