Next China: New King of Cars
A BYD Co. Sea Lion SUV on display at the Guangzhou Auto Show in Guangzhou in Nov.ember.
Photographer: Qilai Shen/BloombergHello, this is Danny Lee in Hong Kong.
There’s a new king of the road. It’s BYD.
For the first time ever, the Chinese carmaker overtook Tesla as the world’s biggest seller of electric vehicles in the final three months of last year. It’s a major milestone for a company that’s become emblematic of China’s dominance in the market, mostly at home but increasingly abroad.