BYD exceeds cost parity with ICE vehicles

[Old Rocks]

BYD is now producing Lithium Iron Phosphate batteries for less than $100 per kw/hr, the point of parity for costs with ICE vehicles;

 

[fncceo]

Then why are they still heavily subsidized by taxpayers?

 

[Old Rocks]

Then why are they still heavily subsidized by taxpayers?

BYD is a Chinese company, so they are not subsidized by American taxpayers. And they are a private company, one is which Warren Buffet is heavily invested in. One looks less stupid if they view the video to which they are responding.