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Tesla vs. BYD: Which EV giant will race ahead in China?

As Tesla faces protests and a shrinking market share, Chinese carmaker BYD is gearing up for global expansion. Image credit: Shutterstock As Tesla faces protests and a shrinking market share, Chinese carmaker BYD is gearing up for global expansion. Image credit: Shutterstock

 

By Julienna Law

Chinese automobile maker BYD, which stands for “Build Your Dreams,”  is accelerating into the premium car segment with the launch of two new luxury electric-vehicle models this year.