japanese officials say at least 48 people have died and many others are trapped beneath rubble, after a powerful earthquake. ukraine suffers another intense night of russian bombardment, leaving at least five people dead. ukraine s air defence claims 35 drones were shot down. time for a look at the business news now. tesla, the elon musk controlled car maker which pioneered mass market electric vehicles, has been relegated to second position in the global league of electric car makers. its chinese rival, byd has reported that it sold 526,000 cars in the final quarter of last year compared to 480,000 for tesla making it the world s number one electric car brand for now at least. erin delmore is in new york for us. byd said it is the biggest car brand you have never heard of in a recent advert i saw, but we are hearing more about them and other chinese electric vehicle makers who are shaking up the market. it is true. this news might shaking up the market. it is true. this
already and this gives byd a bit more control and flexibility over its own supply chain and its own ability to set prices and that allowed the company to slash prices which contributed to the growing sales for dub if you are other differences, there is not only a strong domestic fish to bite these domestic push to buy these but also the domestic support that comes in the form of infrastructure investment and subsidies, along with cheap labour, and the vehicles are offered at a lower price than they are in the us and elsewhere that allows the first time consumers to join the ev market in a way it is harder to in the us. where it is at a premium price point. international car bu ers a premium price point. international car buyers also a premium price point. international car buyers also getting a premium price point. international car buyers also getting the - a premium price point. international car buyers also getting the benefit l car buyers also getting the benefit of the stat