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BYD's Rise in the EV Market
This chapter explores the ascension of Chinese car company BYD in the electric vehicle industry, tracing its journey from battery technology to EV production. It examines BYD's unique strategy, cultural perspective, and role as a symbol of China's technological advancement. The chapter delves into the concept of a developmental state and compares BYD's vertical integration approach with that of Tesla, emphasizing the significance of controlling production stages in the evolving EV market.