BYD "76조원이 남의 돈이었습니다" 세계 1위 몰락의 진짜 이유

It overtook Tesla to claim the number one spot in the world. However, the 76 trillion won that generated that top performance came entirely from other people's money. What on earth is happening at this world-leading company? They deferred payments to subcontractors by 275 days, used that cash to apply a 47 percent discount, and pushed 3.5 million unsold cars into the used car market to mark them as sold. Furthermore, starting tomorrow, subsidies will disappear in Korea. We traced that structure to the very end. ▼ Chapter 00:00 Introduction — The 76 Trillion Won Hidden Behind the World's No. 1 Report Card 01:00 The Golden Age — BYD's Spectacular Numbers That Defeated Tesla 05:00 The Cracks — The 76 Trillion Won Bill Rollover and 275-Day Subcontractor Exploitation 10:00 The Real Reason — Dealer Midnight Escapes and the Fabrication of 0km Used Cars 15:00 Domino Effect — 17 Service Centers Facing 390,000 Jobs in Korea 18:00 Warning — Subsidies Disappear Starting Tomorrow Content Covered in This Video 👇 ✅ Dissecting the Structure of the 76 Trillion Won Billion Won Bill Rollover Using 400 Billion Yuan Bills on BYD's Dilian Platform ✅ The Full Story Behind the 275-Day Subcontractor Payment and the China Iron and Steel Association's Public Criticism ✅ Simultaneous Closure of 20 Shandong Province Chengyi Group Stores and 500 Customers Affected ✅ Pushing Out 3.5 Million 0km Used Cars and the Chinese Ministry of Commerce's Emergency Summons ✅ 163 Forced Laborers Discovered at Camassari Factory in Brazil and Placed on Dirty List ✅ Confirmation of South Korea Subsidy Rejection on July 1, 2026, and a Domino Effect of 390,000 Jobs 🔔 Why Companies — This channel follows the collapse of companies known to Koreans to the very end. Subscribing and liking are a great help in creating high-quality videos. 📌 Fact Check and Data Sources All figures and facts in this video have been verified based on the official sources below. • GMT Research (May 2023) — BYD Dilian platform accumulated promissory notes approximately 400 billion yuan, actual net debt estimated at 323 billion yuan • BYD Earnings Report (2024) — Net profit 40.3 billion yuan, subsidies received 12.47 billion yuan • AlixPartners (July 2025) — Only 15 out of 129 brands projected to survive by 2030 • Great Wall Motor Chairman Wei Jianjin (April 2025) — Reveals approximately 3.5 million passenger car inventory in China • Brazilian Labor Authorities (December 2023) — Rescue of 163 Chinese workers at Camassari plant in Bahia • Asia Business Daily (June 30, 2025) — BYD officially announces transition from Dilian promissory notes to cash settlements • The Guru (2025) — BYD borrowings during transition to 60-day rule Surge of 26 Trillion Won • Money Today (June 30, 2026) — BYD Confirmed to Disqualify from EV Subsidies on July 1, 2026 • Ministry of Climate, Energy and Environment (June 30, 2026) — Deemed to Fail to Meet 60 Percent Weighting Criteria in Qualitative Evaluation • Automotive News (December 2025) — Warning of a Wave of Bankruptcies Among Parts Suppliers in 2026 • China Iron and Steel Association (June 2025) — Criticism of Demanding Price Reductions of Over 10 Percent While Delaying Payments for Several Months • Carticle (2026) — Used BYD ATO3 Prices Depreciate by 25 Percent in Just One Year ⚠️ Disclaimer This video is content intended for informational and educational purposes based on publicly available data. 📊 Investment/Financial Disclaimer: This video is not intended as a basis for investment decisions regarding any specific company or country. All investment decisions are your own responsibility; please consult with a professional. ** 🏢 Corporate/Country Disclaimer: The analysis of the companies and organizations mentioned in this video is a structural analysis based on publicly available data, and there is no intention to disparage or disparage any specific company or organization. The opinions and interpretations expressed in the video are the creator's analytical perspective and may differ from the official positions of the relevant companies or organizations. 📐 Data Accuracy: The figures used in this video were verified based on publicly available primary sources at the time of production and are subject to change. 📋 Copyright/Fair Use: The images and data used in this video fall under fair use for the purposes of reporting, education, and criticism, and there is no intention of copyright infringement. 🤖 Content Creation Notice: AI tools were utilized as an auxiliary tool during the research and drafting process of this video. Final editing and fact-checking were performed personally by the creator. #BYD #Collapse #BYDCollapse #76TrillionWon #SubcontractorExploitation #EV #ChineseEV #CorporateCollapse #WhyCorporates #WangChuanfu #SubsidyDropout #PromissoryNoteRollover #DealerClosures #ForcedLabor #AutomotiveIndustry #ManufacturingCrisis #KoreanAutomotive #ATO3 #Restructuring #Domino