The Nov Tech

The Nov Tech

BYD Sold Last Year’s Cars as New 2026 Models. The Cost Is Far Larger Than AU$60 Million.

The BYD model-year scandal exposed something important about how electric vehicle depreciation works, and why customers who ordered 2026 cars have every right to be upset about receiving 2025 ones.

Novy Baf's avatar
Novy Baf
Jul 31, 2026
∙ Paid
Photo by P. L. on Unsplash

BYD has spent the past two years accomplishing what almost no newcomer manages in the global car industry: it outsold Tesla in Europe, penetrated markets that established brands spent decades building in, and positioned itself as the EV the average buyer could actually afford. Then came a July that nobody at the company will wa…

User's avatar

Continue reading this post for free, courtesy of Novy Baf.

Or purchase a paid subscription.
© 2026 The Nov Tech · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture