As BYD has accelerated into the fast lane, it’s fresh evidence of just how competitive the EV market has become and how hard it will be for Tesla to swerve back to head the pack.The company made a name for itself as a manufacturer of rechargeable batteries – used in smartphones, laptops and other electronics – that competed with pricier Japanese imports. Chinese company BYD sold more electric vehicles than Elon Musk’s Tesla in the last three months of 2023 as the two battled for top spot in the sector. BYD said on Monday it had sold a record 526,000 battery-only vehicles in the final quarter of 2023. Do you think that China is “overtaking” America ibn technology ?
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