The Great Narrative: Inferno for insurance money – BYD's mirage is crumbling as profit crash 19% (or 50% of adjusted profit).
"In the West, we are told BYD is a tech miracle. We are shown sleek designs and blade battery torture tests. But on the ground in China, the brand has earned a much darker nickname, the self-ignition king." "The cars sent to labs are not what the public drives. They are special samples. Products are designed for the user. They ares designed for the approval units and leadership to pass state inspections. The companies build reinforced prototypes with extra fixed steel plates and fireproof cotton. But once the certificate is signed, the mass production models are stripped down to save costs. It's a dual track system, one built for the officials and one built for the customers." "Under the 2017 National Intelligence Law, BYD is legally mandated to share any data it collects with the state. In February 2026, the Australian Privacy Commissioner launched a formal investigation into Asian car markers over the excessive harvesting of biometric data and voice recor...