Toyota Secretly Partnered With BYD — Now It's Beating Tesla By 50%

For three years, Toyota's chairman told the world electric vehicles weren't the answer — that they'd never capture more than 30% of the market, and that they might even be dirtier than gas cars once you count how their batteries are made. Then Toyota quietly launched an electric SUV in China — built using battery technology from BYD, the Chinese rival it had spent years dismissing — priced at nearly half of what Tesla charges for its equivalent model in the same market. And in the same week this video was made, Toyota joined Ford and GM in asking the U.S. Congress to permanently ban Chinese-connected vehicles from the American market. In the United States, Toyota wants Chinese technology kept out. In China, Toyota is quietly building its cheapest EV on top of it. This video breaks down how the world's most cautious, most self-reliant automaker — the best-selling car company on Earth for six straight years — ended up depending on the rival its own leadership spent years betting against. 0:00 The chairman who called EVs a mistake 2:13 Three years of public denial 5:10 Meanwhile, BYD became the world's #1 EV maker 8:26 How the "quiet rescue" actually started 11:26 Swallowing pride — and a contradiction hiding in plain sight 14:16 Why this matters beyond Toyota 16:49 What happens next 19:04 The real question 🔔 Subscribe for a new corporate collapse and industry-power story every week — before mainstream media catches up. #Toyota #BYD #Tesla #EVIndustry #AkioToyoda #AutomotiveIndustry #ElectricVehicles #ChinaEV #BusinessNews #Wreckonomics