Many like to compare Tesla with BYD. They tend to ignore BYD’s hidden crisis. Despite a record-breaking financing activity and stock prices, investors of China’s EV giant BYD should worry about the company’s prospect. BYD’s publicity work appears far superior than its production and product quality. BYD has 4 debilitating conditions that will turn the Chinese EV giant into the next Evergrande, due to similar unsustainable ambition:0:45 Lack of technological innovation8:00 Hidden debts9:30 A fragile supply chain13:52 Overdependence on government policies
