BYD Beat Tesla In 2025: Could Acquisitions Help Further Global Dominance?

The move has paid off with BYD passing Tesla Inc (NASDAQ:TSLA) for EV deliveries in 2025. New reports show that could be just the beginning.BYD Sets Sights On Canada, AcquisitionsEarlier this month, the company filed a permit for vehicle imports to Canada, and Bloomberg reports that BYD is also considering building a manufacturing plant there.Executive VP Stella Li indicated that the company favors outright acquisitions over joint ventures, stating, "I don't think a JV will work," adding, "We're open to eve ...