Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz and Volkswagen, ranking first in car sales revenue in China last year. After taking the market by storm in ...

Its asset base includes everything from lithium mines to car carriers. As Charlie Munger mentioned in February 2023, BYD is doing much more in China than TSLA is in the United States today.

The global battery market endured a difficult year in 2024, with weaker-than-expected electric vehicle (EV) demand, overcapacity, intense competition among different battery technologies and ...