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Enrique Dans for dummies

BYD Overtakes Tesla: The Rise of Chinese Electric Vehicles

20 Jan 2025

Description

The article discusses BYD's rise to become the world's leading electric vehicle (EV) seller, surpassing Tesla. BYD's success is attributed to its focus on affordable, mass-market EVs, contrasting with Tesla's luxury market strategy.  The author highlights the role of Chinese government subsidies in BYD's growth and contrasts this with Western government support for established automakers. A comment section follows, with readers debating the accuracy of the sales figures and offering various perspectives on the EV market. The overall theme explores the shift in global EV leadership from Tesla to BYD and the implications for the automotive industry. This article is also available in English on my Medium page, «When it comes to EVs, China has plenty to smile about«

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