Chinese EV brand BYD and Elon Musk’s Tesla have been battling it out to be the world’s biggest electric vehicle company in recent years. But as BYD seemingly pulls ahead, what are the implications for the rest of the industry and global markets as a whole? Chinese EV manufacturer BYD posted record sales of electric vehicles (EVs) in 2024, as Elon Musk’s Tesla saw sales slow for the first time …
