Stay updated with breaking news from Wolfgang Egger. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Chinese Carmaker: In a sector still dominated by more familiar names like Toyota Motor Corp., Volkswagen AG and General Motors Co., Chinese manufacturers including BYD and SAIC Motor Corp. are making serious inroads. After leapfrogging the US, South Korea and Germany over the past few years, China now rivals Japan for the global lead in passenger car exports.
In a sector still dominated by more familiar names like Toyota Motor Corp., Volkswagen AG and General Motors Co., Chinese manufacturers including BYD and SAIC Motor Corp. are making serious inroads. After leapfrogging the US, South Korea and Germany over the past few years, China now rivals Japan for the global lead in passenger car exports.
The passing of the EV sales crown also reflects the shift in competitive dynamics between Tesla's Elon Musk, the world's richest executive, and BYD's billionaire founder Wang Chuanfu.
The passing of the EV sales crown also reflects the shift in competitive dynamics between Tesla's Elon Musk, the world's richest executive, and BYD's billionaire founder Wang Chuanfu.
The BYD Seal is about to shake up the EV world with its impressive value, styling, cutting-edge tech,...