BYD’s Electric Vehicle Revolution: How They’re Taking Over the Global Market

BYD's Electric Vehicle Revolution: How They’re Taking Over the Global Market

In a significant development in the electric vehicle market, BYD announced record sales in August 2024, selling over 373,000 vehicles, marking a remarkable achievement in the industry. This surge is attributed to BYD’s unique approach, where the company maintains a vertically integrated model, producing its own batteries and chips. Unlike competitors such as Tesla, which … Read more