BYD is 100% government subsidized. They sell cheap products to conquer the auto sector. Once competition is gone under you raise your prices to whatever you want because you have no competition anymore. You want to learn unethical business practices go to the source. Beijing

Multiple reputable sources indicate that BYD benefits from considerable subsidies and government backing from China, which helps it offer electric vehicles at prices significantly lower than many competitors, especially in domestic and some international markets. For example, the California Management Review notes investigations into Chinese government subsidies distorting markets.cmr.berkeley.educmr.berkeley.eduWhy Does BYD Struggle to Penetrate Western Markets? Reddit discussions and opinion pieces highlight that BYD's affordability is partly due to these subsidies.reddit.comreddit.comr/regularcarreviews on Reddit: Is it time to drop protections for the American...+2 more

The New York Times and Fortune articles emphasize BYD's strategy of initially focusing on low prices to attract customers before prioritizing profits.nytimes.comnytimes.comOpinion - This Is BYD, the Chinese Car That’s Taking Over the Worldfortune.comfortune.comBYD is already beating Tesla. Its new Europe playbook shows why it’s poised to... However, no direct evidence was found to support the claim that BYD is entirely (100%) government subsidized or that it has a deliberate plan to raise prices drastically once competition is eliminated. While concerns about potential market dominance and pricing power exist in theory, these remain speculative without concrete proof.

Additionally, some sources mention challenges BYD faces in Western markets despite subsidies, indicating a more complex competitive environment than a simple subsidy-driven monopoly.cmr.berkeley.educmr.berkeley.eduWhy Does BYD Struggle to Penetrate Western Markets?