UBS launched a project that would tear down and study electric vehicles from suppliers around the world. In September of 2023, they took apart the Seal, a high-tech offering from BYD that is aimed at the mass market.

Their findings are bad news for legacy carmakers, especially in Europe.

Resources and links:

UBS, Will Chinese EV's win globally?
https://www.ubs.com/global/en/investm...

Wall Street Journal, German carmakers lag behind Tesla and China
https://www.wsj.com/business/autos/in...

Stock image photos from Munich auto show