China’s EV Powerhouse BYD Closes in on Ford, Outselling Rivals and Surpassing Tesla in Revenue
Shanghai-based BYD Co (BYDDY, Financial), China’s largest new-energy car maker, is speeding up in the global auto industry and closing the gap with Ford in terms of sales volume. As a result of new demand and a high production expansion rate, BYD sales by the end of October increased by 36% compared with the corresponding…