11 October

Elon Musk’s nonsensical big product launch yesterday and this story are interesting contrasts. You can see here the phenomenal ability of Chinese industry to bring rapid changes to market. Historically car makers introduced changes over years, with new models. If BYD gets customer feedback, it brings the changes immediately, sometimes within weeks. The Chinese have most of the world’s toolmakers, the people who tool factories to create products. It’s a wonder of the world.