Hyperdrive

Buffett-Backed BYD Jumps Ahead of Tesla in Battery Metal Push

China’s electric-car giant sees a potential advantage in producing lithium from its own raw materials projects.

BYD vehicles at a company showroom in Beijing, China. 

Photographer: Qilai Shen/Bloomberg
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China’s BYD Co. is once again the largest shipperBloomberg Terminal of electric vehicles in the world’s top market, after rivals including Tesla Inc. were disrupted by Shanghai’s lockdown.