Chinese electric vehicle (EV) giant BYD has been making waves in the global market, but its domestic sales are lagging behind its international counterparts. According to a recent report by the Financial Times, BYD's sales have been steadily increasing in countries such as the US, Europe, and Australia, where consumers are increasingly turning to eco-friendly options. However, in China, the company's home market, domestic sales have been sluggish, with BYD struggling to compete with local rivals such as Geely and Great Wall Motor. The disparity in sales between BYD's international and domestic markets raises questions about the company's ability to replicate its success in the global market back home.
BYD and peers make strides in every market but their own Financial Times