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Gaining global recognition through product power. As a professional in the automotive industry, putting these two recent events together, I feel deeply moved. Elon Musk once stated plainly that without trade barriers, Chinese automakers would nearly eliminate the vast majority of global competitors. Now, US Treasury Secretary Bessent singled out BYD in a public speech, which exactly confirms this prediction.
Bessent rated BYD as a good car you can buy for $35,000 that offers value in the $70,000 range. This public comment from the Western political sphere is the most direct authoritative recognition of BYD's product power.
Globally, BYD has gained more than just the Treasury Secretary's approval. Political figures from many countries have given their endorsement: California Governor Newsom experienced Yangwang U8, President of Uzbekistan awarded it the Friendship Medal, senior officials from multiple countries including Brazil and Thailand have all recognized BYD's technological innovation and localization achievements.
Bessent's remarks triggered overseas public opinion, with many US netizens stating plainly he is BYD's best salesman, even calling for BYD to build factories in the US, forcing local industry innovation. This also means the global automotive evaluation system is changing, consumers are no longer obsessed with brand premiums, but instead value core technology and real driving experience.
Market data is the best proof. This year from January to August, BYD's overseas cumulative sales reached 1.158 million vehicles, surpassing last year's full year overseas sales, taking the top spot in new energy vehicle sales in multiple countries.
This achievement is not relying on low prices, relying on self-developed full industry chains for batteries, motors, and electronic controls, BYD provides cross-class product experiences with consumer-friendly pricing, breaking overseas brand premium barriers. Musk's judgment is gradually being fulfilled by BYD's solid product power.
