BYD, the Chinese carmaker backed by Warren Buffett, has just surpassed Tesla as the world’s largest seller of electric vehicles. Now, to maintain its momentum, the company will need to chart new roads to success after conquering its home market.
BYD, the Chinese carmaker backed by Warren Buffett, has just surpassed Tesla as the world’s largest seller of electric vehicles. Now, to maintain its momentum, the company will need to chart new roads to success after conquering its home market.
European EV sales are stalling and need to accelerate if massive EU targets are to be met. Cheaper vehicles are a must. Germany’s axing of subsidies won’t help.