BYD narrows tech gap with Tesla in global EV race | FT #shorts

Tesla is facing stiff competition from China's BYD, which is set to overtake the US company in annual global EV sales. The decline in sales in Tesla comes amid Elon Musk's foray into American politics and a lack of new models from the US company. BYYD, which excels in cost-effective manufacturing and emerging autonomous offerings, has narrowed the technology gap between the two.The success of BYYD has come to symbolize the rise of Chinese auto manufacturing, an industry that was once heavily reliant on fore ...