Vehicle’s Main Beam Twists as Easily as Tofu! BYD’s Luxury SUVs Are Trush 2024-01-18 18:18

I told you not to buy a byd but you insisted on getting one now look at this mess the byd's motor quality is just trash the bearings are all ruined this is the famous byd we're talking about I can't believe they'd cut Corners like this driving this byd is like driving a tractor it's so loud let's open up the motor and check it out pry off the motor cover and there look at the motor the bearings are completely falling apart no wonder it's making such a noise these bearings are dirt cheap a whole bunch for just 100 youu on why wouldn't you use better bearings No Wonder byd's profits are so high I bought this byd formula leopard 5 for 300,000 Yuan to test the hardness of its steel a 3 ton vehicle but when I twisted The Beam with a wrench it just bent like this can anyone tell me what the hardness of the steel should be for the beam in this off-road vehicle a car owner reported that after the radiator of his formula leopard 5 was damaged he decided to cut off the guard plate for replacement during this process he tested the beam strength and was shocked to find it alarmingly fragile demonstrating with a wrench the owner showed that the steel material bent as easily as papier-mâché under slight pressure the owner raised concerns about the car's structural integrity questioning the reliability of the formula leopard 5's CTC structure and its high strength steel composition given that it's marketed as an off-road vehicle designed to withstand high impact forces the apparent fragility of the material is perplexing in a concerning development just one day after a formula leopard 5 owner posted a video of bending the chassis component with a wrench another byd leopard 5 owner reported a serious incident on January 5th the car's undercarriage beam broke while using the factory provided tow hook for a rescue operation big trouble here after using the formula leopard 5 for a rescue a car owner found the main beam broken this is unacceptable for a rugged off-roader the owner said he'd be afraid to use it for rescues in the future do we even need a wrench no and just a simple rescue effort and it cracks like this on January 7th an alarming incident was reported by two separate car owners while off-roading the ballheads of the tie rods in their formula leard 5 vehicles fell off this caused the steering mechanism to lock the lower arms to bend and tires to detach when I parked earlier the car's tire was on Ice the rear wheel got stuck but the front didn't then the female driver got out and we heard a crack the Ice broke and the front wheel fell in I asked her to get back in and straighten the wheel but she couldn't turn the steering wheel on checking it wasn't just the steering rod that was broken the axle was two in an official response on January 5th the product manager of formula leopard addressed concerns in the unraveling the leopard segment he assured that the Le 5's main frame is made of high strength steel thoroughly tested for safety and reliability urging customers to remain confident in its use however many leopard 5 owners feel that the manufacturer should provide a clearer explanation about the incidence of the main beam bending they demand Clarity on whether the formula leopard 5 is indeed suitable for high-intensity off-roading as an assurance to both current and prospective owners concerns over the safety and reliability of the leopard 5 have led some owners to conduct independent tests which they have shared online I saw a video yesterday where a blogger was testing the chassis hardness of the leopard 5 I didn't believe it at first I thought his lower arm was different from mine today I came to verify it [Music] myself just a light touch with a wrench I don't want to use Force it's my car and I care for it this part of the lower arm should be the strongest an off-roader is bound to get knocked around but even a light wrench touch here created two cracks you go to rescue a car and end up tearing the main beam that's just not acceptable so how's the pr team at the factory going to whitewash this one anyway I bought this car and I hope the formula leopard will get better I expect byd to give us car owners an explanation the byd formula leopard 5 this high high and rugged off-road vehicle from byd was launched last November the new model is available in three versions priced between 289,000 and 352,000 yuan in December the sales of formula leard 5 surpassed 5,000 units this is the off-road test of the high-end Brand's new rugged SUV the u8 looking up at the u8 when four-wheel drive doesn't cut it we resort to Manpower manually pulling it out of a bind despite byd's strong sales performance the frequent reports of spontaneous combustion incidents involving its new energy vehicles have been a focal point of public concern how frequent are byd's fire incidents on the Duan platform there are hundreds of videos related to byd vehicle fires however each time an accident involving a byd vehicle occurs the information mysteriously disappears from the internet on April 5th 2023 Mr Yang from Guangdong Province driving his byd Han hybrid crashed into a guard rail on the bauo expressway near the seni exit the car caught fire and villagers from nearby seang Village immediately tried to rescue him tragically they couldn't open the car doors and attempts to break the windows with stones were unsuccessful as the fire intensified they had to abandon the rescue effort and Mr Yang unfortunately perished in the fire a key detail in this unfortunate accident was the car's hidden door handles which prevented Escape analysis of the accident scene suggested that the Collision damaged all the car's batteries and fuses rendering the electronic unlocking system inoperable byd requested the removal of a video showing the charred byd Han from Chinese media totia following the young car owner's tragic death in the fire the car owner's family awaited an official statement and investigation from byd but instead received a demand for the deletion of relevant articles online byd has been criticized as is a Rubbish Company and accused of ignoring the frequent battery combustion incidents and suppressing information about consumer rights issues many byd products have been criticized for shoddy manufacturing and failing to meet Market quality standards the core of evaluating a new energy vehicle still revolves around its battery motor and electronic control systems comparisons between byd and Tesla highlight significant differences between the two Brands Tesla is definitely better than byd or is it the other way around here's the motor electronic control and reducer of the Tesla Model 3 and here's BDS which one do you think is better this is the engine compartment of the byd Han it's fully packed not a bit of space look at the model 3's front compartment it has a front trunk remove it and there's lots of space underneath who's got the better design the model 3 has four battery modules if one goes bad you can just replace that one for 10,000 you want the byd hands blade battery is a single large module glued in place they use glue where they lack technology but if one battery blade fails you can't fix it you have to replace the whole pack for over a 100,000 uan even scarier is the fact that there are Reports online of incidents involving faulty brakes while driving a byd on May the 3rd 2022 the byd car I bought had a brake failure while driving no matter how much I pressed the brakes there was no response not even a hint of slowing down my two kids were in the car it was so dangerous the car was only 3 months old I demanded a refund but the dealership refused after the issue got attention online a special representative stepped in and the dealership finally agreed to the refund people on social media shared their experiences with byd vehicles one mentioned 3 and 1/2 months after getting my byd song Pro DMI while on the shigan expressway in Shen genen the car suddenly displayed an automatically limited EV function message and then stalled I was completely bewildered and helpless called byd after sales and it took them over half an hour to send a tow truck this lack of prompt response endangers the safety of drivers and other vehicles during that time I was shivering by the roadside terrified of an impending Collision earlier a runaway byd car causing one death and five injuries garnered media attention the the owner explained that the tragedy occurred because the byd car suddenly failed to break a detailed account of the incident was shared by the owner in a lengthy waybo Post in the last quarter of the previous year byd's global electric vehicle sales surpassed American automaker Tesla for the first time byd's rapid rise is attributed to China's subsidy policy for new energy Vehicles Chinese State media reported that from early 2009 to December 2021 China's new energy vehicle Market benefited from 12 Years of subsidies during this period approximately 129.5 billion yuan in subsidies were allocated covering over 1.9 million new energy Vehicles including the 2019 to 2020 Advanced subsidies of 18 billion yuan the total subsidies reach about 147.5 billion yuan approximately 20.6 billion usar due to these subsidies sales of new energy vehicles in China grew more than2 60 times in 12 years from 5,29 units in 2009 to 1.4 million units in 20120 even during the pandemic outbreak in 2021 sales of new energy Vehicles exceeded 2.5 million units in the first 10 months of the year observers Marvel at the rise of China's new energy vehicles but are concerned about the government's industrial policy and Ambitions behind companies like byd since 2010 China has implemented a series of incentive and subsidy policies encouraging domestic automakers to focus on electric vehicle manufacturing and expanding battery charging infrastructure including tax breaks for consumers in 2015 Beijing launched the made in China 2025 strategy to replace the United States as the leading global economic power aiming to dominate the development and production of Next Generation Technologies including new energy Vehicles however byd's Ambitions extend beyond surpassing Tesla since since 2022 byd has been actively expanding into International markets entering countries like Japan Thailand Germany Sweden New Zealand and Australia and establishing its own factories in some of these countries byd's success is the result of China's yearslong effort to build an automotive manufacturing base aiming for a significant presence in the global automobile Market on January 7th David Goldman a prominent American China Watcher and Economist who wrote for Asia times expressed concerns on X about the rapid development of various Industries in China supported by government policies he pointed out that starting with solar panels and steel then telecommunication infrastructure followed by semiconductors and electric vehicles Chinese industry is trying to catch up with the United States byd's aggressive expansion poses a challenge to Global traditional Automotive Giants a report by the financial times discussed byd's aggressive approach stating that the influx of lowcost Chinese electric vehicles into Western markets poses an urgent dilemma for Western governments caught between encouraging the adoption of electric vehical and protecting local manufacturers on September 13th 2023 Ursula verion president of the European commission announced in the state of the European Union address that the EU would investigate Chinese electric vehicle subsidies she said Global markets are now flooded with cheaper Chinese electric cars and their price is kept artificially low by huge State subsidies this is distorting our market and as we do not accept this Distortion from the inside in our Market we do not accept this from the outside on October 4th 2023 the European commission announced the launch of an anti-subsidy investigation into Imports of pure electric vehicles from China to determine whether to impose anti-dumping duties on January 12th according to sources cited by Reuters European commission investigators will inspect Chinese automakers including byd gie and saic in the coming weeks this inspection is part of the eu's investigation to decide whether to impose punitive tariffs on Chinese automakers to protect European electric vehicle manufacturers in recent years the US has accused China of unfair competition through forced technology transfers intellectual property theft restricted Market access and government subsidies for Chinese companies critics of byd argue that the company maintains ains its competitive advantage using similar tactics they point out that byd receives government subsidies in China and enjoys local tax benefits for setting up factories in the United States an approach deemed unfair to its American competitors the United States is reportedly preparing a targeted strike against the Chinese autonomous driving supply chain in 2022 the United States signed the inflation reduction act and in December 2023 announced the stipulations for for electric vehicle subsidies under this act electric vehicles produced in the US containing battery components made or assembled in countries like China will no longer qualify for up to $7,500 in tax credits Alicia Garcia Herrero Chief Economist for Asia Pacific at naxus predicts that electric vehicles may become the next geopolitical Battleground between the US and China after semiconductors particularly in the battery sector despite a sign significant increase in sales byd's performance in 2023 was contradicted by a continuous decline in its stock price throughout the year byd's a share price fell nearly 23% significantly shrinking its market value from its mid 2022 Peak the year 2023 was marked by a price war in the automotive industry however the strategy of trading price for volume diluted automakers profits behind byd's successful 2023 investors skepticism about the company's ability to sustain profit levels investment institutions are pessimistic about byd's prospects with Warren Buffett's Burkshire Hathaway being a staunch bearish and short seller since first announcing a reduction in byd shares in August 20122 Burkshire Hathaway has cumulatively sold byd shares 13 times by December 2023 reducing its stake from 19.9% to below 8% investment bankers attribute the decline in byd's stock price to to fluctuating expectations for the company's growth following 3 years of rapid growth byd's current performance has not exceeded invester expectations as Chinese made Vehicles aggressively enter foreign markets domestic competition among Chinese automakers remains intense no country has as many Automotive Brands as China with over a 100 companies vying for customers especially after the cid9 pandemic prices have been falling and automakers have had to resort to significant discounts to attract new customers due to sluggish economic growth in China many Chinese are extremely cautious about purchasing Big Ticket items like cars at byd's annual shareholders meeting in June 2023 chairman Wang Chan Fu candidly stated the automotive industry has entered an elimination phase to compete for market share automakers engage in aggressive price promotions during Peak sales Seasons these discounts are even more substantial on December 18th 2023 Asia automobiles CEO Jang young criticized significant price discounts warning that they could lead to increased losses for automakers if 2023 was marked by internal competition in China's automotive industry 2024 could be characterized by elimination in an excessively competitive market automakers unable to keep up may face only one outcome collapse previously Chinese automakers relied on high profits in their domestic Market to expand into New Market market like Europe now more companies are reducing operations and even announcing layoffs even leading automaker byd reduced operations in Shihan and Shenzhen in March last year due to unexpected reductions in demand at the start of 2024 numerous Reports surfaced online about financial issues at Hi-Fi Automotive including halted supplies and Factory shutdowns some bloggers claim high-fi Automotive could be the next automaker to fall thirdparty platform data shows that Hi-Fi Automotive sales in 2023 were around 8,000 units a vast difference compared to byd's annual sales of 3 million units another Chinese automaker Neo which has been incurring losses for a number of years announced a 10% staff reduction in early November last year regarding the automotive industry Neo's founder chairman and CEO Lee bin stated that 2024 would be extremely challenging with intense Market competition he advised being mentally prepared for this harsh reality and to abandon any Illusions surviving 2024 May well be the collective aspiration of many automakers including Hi-Fi Automotive xang Motors president gongi suggests that in the long term only about 10 Chinese automakers might establish a firm foothold in the international market he believes that to survive an automaker must sell at least 3 million Vehicles annually and become a global player and nearly half of its sales should come from markets outside China experts from the European Automotive IND industry have pointed out that the rise of Chinese New energy vehicle companies is underpinned by intense and fierce competition they predict that ultimately only about 10% of Mainland Chinese automakers May survive in this challenging Market [Music] environment