• 2 days ago
BYD is pushing for industry-wide collaboration with Tesla to accelerate the transition from internal combustion engine cars. Speaking in London, Executive Vice President Stella Li emphasized China’s willingness to share key EV and autonomous driving technologies with foreign companies, countering perceptions of trade barriers. BYD is expanding aggressively in Europe, unveiling smart driving features at no extra cost and planning local production in Hungary and Turkey to navigate EU tariffs. The Warren Buffett-backed automaker also raised over $5 billion for global expansion.

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