Warren Buffett-Backed BYD Seeks Tesla's Support Amid Tough Competition In China's EV Market: 'Brands That Aren't Able To Compete...Will Be Eliminated' - BYD CO LTD H SHS by BYD Co., Ltd. (OTC:BYDDF), BYD CO LTD UNSP/ADR by BYD Co., Ltd. (OTC:BYDDY) : vimarsana.com

Yunfei Li, the General Manager of Branding and Public Relations at BYD, stated in a press conference on Monday that the competition has resulted in the lowest worldwide prices for EVs. He further implied that brands unable to keep up with the competition would falter in the coming years.

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