S2E4: BYD eyes a quarter of SG car market in 2025

From keen pricing to guaranteeing the resale value of its electric vehicle, BYD is bent on staying on top. Synopsis: Every 3rd Wednesday of the month, The Straits Times examines not just vehicle prices but wider transport issues and trends connected to public and private transport. BYD has been in Singapore for more than a decade before it became the country’s biggest selling car brand among authorised distributors. Mr James Ng, the managing director for Singapore and the Philippines, is doubling down on efforts to ensure that BYD extends its lead, not just for passenger cars, but also for public buses and commercial vehicles.  Highlights (click/tap above):  2:44 BYD, the same company that made surgical masks during the Covid-19 pandemic 8:44 Eyes a fourth dealer to grow its retail network 14:00 Dealers are free to be creative with their services, but BYD prices are fixed 32:44 We will definitely not be starting a taxi company 34:41 Unsurprising if EV adoption comes up to 50 per cent in 2025 Read Lee Nian Tjoe's articles: https://str.sg/wt8G Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ Read more COE articles: https://str.sg/iGKC Host: Lee Nian Tjoe ([email protected]) Produced & edited by: Amirul Karim and Eden Soh Executive producers: Ernest Luis and Lynda Hong Follow Wheel Insights Podcast here and get notified for new episode drops: Channel: https://str.sg/iTtE Apple Podcasts: https://str.sg/iqW2 Spotify: https://str.sg/iqgB Feedback to: [email protected] --- Follow more ST podcast channels: All-in-one ST Podcasts channel: https://str.sg/wvz7 ST Podcast website: http://str.sg/stpodcasts ST Podcasts YouTube: https://str.sg/4Vwsa --- Get The Straits Times' app, which has a dedicated podcast player section: The App Store: https://str.sg/icyB Google Play: https://str.sg/icyX --- #wheelinsightsSee omnystudio.com/listener for privacy information.