BYD targets Tesla's backyard as it doubles down on Europe

BYD has set its sights on Tesla's European backyard. The Chinese EV maker announced on Monday that it would nearly triple the number of sales and service locations in Germany, the home of Tesla's European gigafactory, by the end of 2026.The German expansion comes as part of a larger European push that will see the number of BYD stores on the continent double to more than 2,000 next year, executives said in a press conference at the IAA Mobility summit in Munich. BYD, China's biggest automaker, has bet hea ...