Part 2/11:
A significant highlight of the conversation is the impressive sales figures reported by BYD, a leading Chinese EV manufacturer. In February, BYD's exports soared by an astonishing 188%, with projections indicating nearly 4 million units sold annually. Notably, this growth occurred despite the absence of the Chinese New Year, which typically influences production schedules.
BYD aimed for monthly sales of around 500,000 units and appears well on its way to achieving that goal. Kirk emphasizes the company’s vertical integration and operational acumen, echoing a sentiment shared by industry experts like Sandy Monroe, who foresee BYD as a prominent player in the global EV market.