BYD Just Declared War On Toyota And The Entire Auto Industry Is Shaking!

Twenty years ago, BYD was a battery company that copied the Toyota Corolla and sold it for half the price. The industry laughed. Now its founder has stood in front of his shareholders and promised that BYD will be the biggest automaker on Earth within five years — and says it can do it without selling a single car in America. Toyota's market share is already falling in Thailand, BYD has overtaken Tesla in Europe, and BYD is now selling a car in Japan that only Japanese companies had ever built. But there's one number in these two companies' own financial filings that decides this entire war, and almost nobody is talking about it. Here's what's really happening between BYD and Toyota — and who's actually winning. Is BYD's declaration the start of a new era, or just another promise it can't keep? Tell us in the comments. #BYD #Toyota #EVWar