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/investment-bank/in-focus/2023/byd-teardown.html Wall Street Journal, German carmakers lag behind Tesla and China https://www.wsj.com/business/autos/in-ev-transition-german-carmakers-lag-behind-tesla-and-china-5f60a99f Stock image photos from Munich auto show