How China's BYD Beat Elon Musk's Tesla To Become The King Of EV's

Tesla has long reigned supreme in the electric vehicle (EV) market, soaring to unprecedented valuations and global recognition. However, a formidable challenger has emerged: BYD, backed by billionaire Warren Buffet. Founded by Wang Chuan Fu, who rose from poverty in rural China, BYD revolutionized the rechargeable battery industry before venturing into electric vehicles.
In 2003, BYD Auto was born from Wang's vision and strategic acquisition of a failing Chinese car company. Despite initial skepticism, BYD's early successes with compact cars and hybrids captured attention. Buffet's investment in 2008 further fueled BYD's ascent, leading to the development of fully electric vehicles like the BYD E6 and Han.
BYD's commitment to innovation is evident in its advanced battery technology, including the renowned Blade Battery, known for safety and efficiency. Controlling its entire supply chain, BYD leverages lithium mines and semiconductor production, showcasing its self-reliance and global ambitions.
While BYD initially focused on the Chinese market, its plans for European expansion signal a shift towards global competition. Wang's relentless pursuit of partnerships and market penetration positions BYD as a formidable contender in the EV landscape, poised to redefine the future of automotive technology.
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[@raymonddon8875]

we love chinese BYD in brazil.

[@mikestewart4752]

BYD’s sales didn’t meet expectations. No surprise, more Chinese lies.

[@m.n.3087]

BYD vehicles are a piece of CRAP.

[@atbiaol1929]

Best my ass! BYD sucks by a mile. Quality matters, not quantity