Hyperdrive

BYD Has Tesla In Its Sights After a Year of Runaway Growth

The Chinese mass-market electric-car juggernaut is planning two luxury models to fuel its next phase of growth.

BYD’s Han sedan.

Photographer: Nathan Laine/Bloomberg
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Covid lockdowns, supply chain woes and power shortages hampering China’s auto industry haven’t been enough to halt BYD Co.’s relentless advance to dominate the world’s biggest electric-vehicle market.