I've heard this said often, but is there any proof BYD is selling their cars at a loss? And note that I'm not saying R&D loss - is BYD ever selling a car below what it cost to make and sell that unit?
According to their financials Q3 2024 they made 14bn pre tax profit on 201bn sales and were liable for 2bn tax on that (in CNY). So looks profitable and tax paying. Not sure if they get helped in other ways.
tim333|11 months ago