UBS on its Teardown of BYD Seal

The video discusses a project analyzing the teardown of a Chinese EV, comparing it to the Tesla Model 3. It highlights the cost advantages, manufacturing efficiency, and technological integration of Chinese EVs, particularly BYD. The discussion covers the high level of vertical integration in BYD's supply chain, minimal reliance on subsidies, and the potential for investment in the Chinese EV market. The video concludes with insights into the global market share and competitiveness of Chinese EV manufacturers.

What is the primary reason for analyzing a Chinese EV model like the Seal?

• To evaluate the environmental impact of Chinese EVs

• To understand the design aesthetics of Chinese cars

• Because China is a major player in the global EV market

• To compare it with American EV models

How much cheaper is the Seal compared to the Tesla Model 3 made in Shanghai?

• 10% cheaper

• 25% cheaper

• 15% cheaper

• 20% cheaper

What is one of the trade-offs mentioned for the Seal's design?

• Less interior space

• Complex ADOS system

• Higher cost

• Lower top speed

What is a key technological innovation in the Seal's battery system?

• Increased battery thickness

• Use of LFP for higher energy density

• Separate modules for each cell

• Direct integration from cell to body

What percentage of the Seal's components are made in-house by BYD?

• 60%

• 85%

• 75%

• 50%

How much of BYD's revenue in 2022 came from government subsidies?

• 3.4%

• 2.4%

• 1.4%

• 0.4%

What is the expected global market share of Chinese EV manufacturers by 2030?

• 17%

• 25%

• 33%

• 40%