Factors contributing to the success of BYD in overtaking Tesla

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BYD's success in overtaking Tesla can be attributed to factors such as advanced technology, efficient manufacturing, cost cutting, large-scale production, and control over the supply chain from mining to the finished product.

Red Sea shipping route remains dangerous. What's behind Chinese carmaker BYD's success in the electric vehicle market? And new figures show Germany was the world’s weakest-performing major economy last year.

Mentioned in this podcast:

Germany was worst-performing major economy last year

China’s electric vehicle dominance presents a challenge to the west

Wang Chuanfu, the driving force behind BYD’s rise

The FT News Briefing was produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Persis Love, Josh Gabert-Doyon, and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Simon Panayi. Topher Forhecz and Manuela Saragosa were executive producers. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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