BYD is a vertically integrated EV producer that makes its own seats, batteries and semiconductors. Henry: "It's very important at this time when there is so much tension over supply of semiconductors to China" He says the only humans you saw on the factory floor were those who are either inspecting the end product or fixing robots. The primary market for BYD will be in China - 25% roughly of cars sold there are EVs.
The petrostates of the Gulf are modernising their economies, growing more tolerant and liberalising their social contracts as they prepare for a world run on fewer hydrocarbons—but who will be left behind? A Chinese maker of electric vehicles prepares to steal a march on Tesla. And a look at Britain’s newest islands reveals they are made of wet wipes.
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