Mexican cab drivers don’t buy electric vehicles because they suddenly become concerned about the environment. In most emerging markets, the lowest hanging fruit is to eliminate litter. This is an education problem. Taxi cab drivers in places like Brazil are adopting electric vehicles because they are cheap in terms of power and require minimal maintenance. Electric vehicles have fewer moving parts and do not require oil changes. There is no longer any need to wait in queues at petrol pumps due to problems in the Strait of Hormuz. Plus with extremely low entry-level pricing, electric vehicles are more than just a way to signal that you care about the environment. It is now becoming the preferred mode of transportation for people with less means. BYD is exactly that $BYDDY The company – the largest producer of electric vehicles in the world – plans to take advantage of this.
BYD sees growth stalling
While the company has seen great revenue growth over the past few years, 2025 sees a disappointing revenue growth of only 3.5%. It is extremely important to understand this stalled growth as it is one of the reasons we would sell disruptive growth stocks. The second would be if our thesis changed, and our original BYD thesis has three main components: China’s economic growth, China’s global automotive aspirations, and global growth. Electurer Vehicles or EVS. So let’s start looking at what went wrong in 2025.
“Automobiles and R
