What does BYD pay their workers to get away with smaller margins?
They’re vertically integrated. It isn’t that they need to low-ball their workers. They just don’t need to pay a daisy chain of administrators and investors.
They also don’t invest as much in R&D as some of their upstart competitors. So we’ll see where that lands them, long term.
There is not much R&D to invest in EVs. Motors are 98% efficient and any technical advances come from battery suppliers. No transmissions, no emissions to meet, etc.
They’re vertically integrated. It isn’t that they need to low-ball their workers. They just don’t need to pay a daisy chain of administrators and investors.
They also don’t invest as much in R&D as some of their upstart competitors. So we’ll see where that lands them, long term.
There is not much R&D to invest in EVs. Motors are 98% efficient and any technical advances come from battery suppliers. No transmissions, no emissions to meet, etc.
Most electric motors are designed to run at 50% to 100% of rated load. Maximum efficiency is usually near 75% of rated load. Thus, a 10-horsepower (hp) motor has an acceptable load range of 5 to 10 hp; peak efficiency is at 7.5 hp.