Why BYD Is Outselling Tesla in Australia - EP51
Description
This episode was filmed late 2024, thus some information may be outdated.
Markus sits down with James to break down the real story behind BYD in Australia: battery safety, EV vs hybrid buying decisions, resale value, service costs, and why BYD is stealing market share from Tesla. They cover customer types, the 2025 BYD Seal rumours, charging options, environmental impact, and what the future of EVs in Australia really looks like.
Timestamps
0:00 – Why BYD’s blade battery is the safest in the EV market
3:25 – BYD model updates, 2025 Seal rumours & tech improvements
7:40 – EV vs Hybrid: who buys what and why it’s now a 50/50 split
12:10 – Real-world range, servicing costs & why BYD doesn’t profit from servicing
16:55 – Fun features: 360 camera, rotating screen, lighting effects & instant torque
20:48 – Trade-ins, second-hand BYDs & how resale value actually performs
25:30 – New Chinese EV brands coming + why Europeans are falling behind
30:14 – Battery safety deep dive: LFP vs NCM & why most fires aren’t LFP
35:18 – Who buys BYDs? Age, income, diversity & first-car buyers
40:02 – Charging at home, solar charging, fast chargers & recommended setups
45:48 – BYD Seal pricing explained: base, long-range & performance differences
50:22 – Why EV sales plateaued: incentives gone, cost-of-living & recession fears
55:10 – Markus’s idea: why dealerships should offer week-long EV trials
58:40 – James’s own BYD, real-life driving experience & charging habits
1:03:18 – Looking ahead: EV demand, competition & BYD’s future in Australia
1:08:30 – Final laughs, bloopers, and Markus roasting the salesman one last time
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