Electric vehicle (EV) giant BYD is making waves in the industry, boasting that it has already surpassed Tesla in sales and is now setting its sights on another automotive behemoth - Toyota. In a recent statement, BYD's CEO Wang Chuanfu claimed that the Chinese company is on track to overtake Toyota, one of the world's largest automakers, in the global EV market. This ambitious goal comes as BYD continues to expand its presence globally, with a growing focus on emerging markets. As it asserts its dominance, BYD is also downplaying the importance of the US market, where Tesla has long been a leader in the EV space.
BYD Has Already Lapped Tesla — Now It Says Toyota Is Next And US Market Doesn't Matter TradingView
