Shorts Lumikha
πΊπ Get ready to ignite the dance floor with Mzansi's hottest dancers! π₯ From tantalizing tilts to scorching spins, these dance sensations bring the heat to every move. π₯π« Dive into the rhythm, feel the vibes, and let the dance fever take over! πΆπΆ
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Would you visit this Thai Island??!
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"Can You Guess the Ages of These Characters?"
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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 worldβs 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 Chinaβs EV sector, and a serious blow to Elon Muskβs longtime dominance. Just a few years ago, China was a net importer of cars. Now, itβs 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 canβt 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 governmentβs push for electric vehicles under its βMade in China 2025β strategy. Surpassing Tesla by the Numbers In 2024, BYD earned $170 billion in revenue, beating Teslaβs $155.5 billion. Its valuation climbed to over $100 billion, putting it ahead of Tesla at $97.7 billion. This success comes from vertical integrationβBYD 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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What are your thoughts on this subject? #opendiscussion #liberal #conservative #lib #urban #civilrights #donlemon βπ»βπΌβπ½βπΎβπΏ
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