# BYD Earnings Shock + $4 Gas: What It Means for EVs | At The Wheel #19

Page: https://stenobird.com/podcast/at-the-wheel-podcast-w-tu-le-joe-white-7634964/byd-earnings-shock-4-gas-what-it-means-for-evs-at-the-wheel-19
Text version: https://stenobird.com/podcast/at-the-wheel-podcast-w-tu-le-joe-white-7634964/byd-earnings-shock-4-gas-what-it-means-for-evs-at-the-wheel-19.md
Podcast: [At The Wheel Podcast w/ Tu Le & Joe White](https://stenobird.com/podcast/at-the-wheel-podcast-w-tu-le-joe-white-7634964)
Published: 2026-04-01T20:00:36+00:00
Episode link: https://www.atthewheel.co/p/byd-earnings-shock-4-gas-what-it
Audio file: https://api.substack.com/feed/podcast/192876122/312f99fcbd0b0ff6be776011e7d4ae1d.mp3
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JSON: https://stenobird.com/v1/public/podcasts/at-the-wheel-podcast-w-tu-le-joe-white-7634964/episodes/byd-earnings-shock-4-gas-what-it-means-for-evs-at-the-wheel-19
Duration seconds: 2581

## Resource

In Episode 19 of At The Wheel , Joe White and Tu Le unpack a rapidly shifting global auto landscape — where rising gas prices, geopolitical instability, and intensifying EV competition are colliding. The conversation begins with BYD’s latest earnings report, which shows declining profits despite massive growth in global vehicle sales. Rather than signaling collapse, Joe and Tu explain why BYD’s results reflect intense competition and structural changes in China’s auto market . They break down: * Why BYD’s profits declined despite selling 4.6 million vehicles globally * The impact of China’s ongoing price war and government intervention * How competitors like Geely, Chery, and Wuling are reshaping the market * Why Chinese automakers are accelerating exports across Europe, Latin America, and Southeast Asia * Tesla’s growing challenges in China and lack of new product refreshes * The implications of rising global gas prices due to geopolitical tensions * How oil price spikes could shift demand back toward hybrids and EVs * Why Western automakers may struggle to adapt to both cost pressure and technological competition * The long-term impact of software, automation, and data on the future of mobility Joe and Tu also explore how China’s rapid innovation cycles — from manufacturing to software — are creating a new competitive benchmark that Western automakers must match or risk falling behind. As fuel prices rise and EV competition intensifies, the industry faces a critical question: Can legacy automakers keep up — or will China’s speed and scale redefine the global auto market? 🔎 SEO Keywords BYD Earnings China EV market EV price war China gas prices auto industry oil price impact cars electric vehicle competition BYD vs Tesla China EV exports global auto industry trends EV…

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