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China's BYD to overtake Tesla as leading EV maker

Shortpedia

Content Team
Image Credit: pandaily

Chinese carmaker BYD is on the verge of outpacing Tesla as the top global seller of fully electric vehicles (EVs). This shift, likely to happen in the current quarter, marks a pivotal moment in the EV market and reinforces China's increasing role in the worldwide automotive industry. As China competes with Japan for the lead in passenger car exports, companies like BYD and SAIC Motor Corp. are making significant strides in the field.