Toyota still sells 10M cars a year and has an enormous manufacturing, supplier and dealer network. That doesn’t disappear overnight because BYD can sell a $14k EV in one market
Outside of the US, are there any markets BYD can't sell that car into? The Dolphin is currently listing at well under €20k here in Spain, which means its only real competition is the equivalently incredibly cheap Dacia Spring
Not sure how are we supposed to thrive in a world where cars are very simple and our know-how is borderline useless.
Imho cars are a dead race-to-the-bottom business, that was true in ICE world, that will be even more true in the electrified/autonomous driving one.