TLDR · MISCELLANEOUS

HOW CHINA BUILT BYD, ITS TESLA KILLER

nytimes.com10 min read

Summary from the TLDR newsletter

BYD, China's leading electric vehicle company, has posted two years of million-car growth in sales. The company was originally a battery manufacturer when it showed off its first model in 2007. It passed Tesla in worldwide sales last year and is currently building assembly lines in Brazil, Hungary, Thailand, and Uzbekistan. This article looks at the company, how it started, and its journey to where it is now.