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The Intelligence from The Economist
BYD's Rise in the EV Market
This chapter delves into the rapid growth of BYD, a Chinese electric vehicle manufacturer, as it emerges as a formidable competitor to Tesla. It examines BYD's journey from battery supplier to a leader in the EV sector, detailing its vertical integration, manufacturing efficiency, and plans for international expansion. Additionally, the chapter analyzes the competitive dynamics between BYD and Tesla, exploring their differing market strategies and the implications of geopolitical factors on global market access.
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