Analysts at UBS Group predict that Chinese car manufacturers could hold a third of the new car market by the year 2030.

BYD Seal
BYD Seal

One manufacturer that stands out is BYD, which is expected to double its market share. The reason is said to be their competitive pricing.

BYD Seal
BYD Seal

UBS Group recently disassembled a BYD Seal and discovered that 75 percent of the car’s parts are manufactured by BYD themselves – something that significantly reduces costs. Less than ten percent of the parts came from countries other than China.

BYD Seal

How do you think the market will look in 2030?

FIRST DRIVE: 2024 BYD Seal. Has BYD built a better Tesla Model 3? | Electrifying

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Robert Rundle (robert@gadgetadvisor.com) is an online content writer invested in writing tech ed articles for a wide array of readers, including business professionals, HR managers, teachers, and students....

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