BYD's Market Strategies and Financial Challenges

The chapter explores BYD's market strategies, including their move to a mass market lineup with lower retail prices, their plans to enter the US market, and the challenges they face in the competitive EV market in China and Japan. It also touches on the impact of discounts on BYD's net income and the ongoing financial challenges in China, particularly the struggles faced by big banks due to low borrowing demand in a tough property market.