Company Overview - BYD Company (BYDDY) has recently surpassed Tesla to become the world's largest electric vehicle (EV) manufacturer, selling nearly 607,000 battery-powered EVs in Q2 compared to Tesla's 373,728 deliveries [2][3] - The company is not only focused on EVs but also manufactures hybrids, buses, high-speed trains, electronics components, and lithium batteries for other automakers [4][10] Market Position - BYD is highly self-sufficient, producing its own electronic components and batteries, and even owns seven cargo ships for vehicle delivery, enhancing its operational flexibility [5] - The company holds approximately 30% of China's EV market share, significantly ahead of its nearest competitor, Geely, which has just over 10% [11] Growth Potential - The demand for new energy vehicles in China is increasing, with July sales reaching 1.26 million cars, a 27% year-over-year increase, and projections indicate that new energy vehicles could account for 80% of new car sales in China by 2030 [10] - A $100,000 investment in BYD today could potentially grow to $1 million in 15 to 20 years, requiring an average annual gain of 12% to 16%, which, while above historical norms, is plausible given the company's performance and market conditions [14]