Last year, BYD surpassed Volkswagen to become China’s largest automaker and came close to outselling Tesla in the global race to be the leading producer of full-electric vehicles.
The Chinese automaker’s triumph over these two giants sheds light on why BYD prefers not to be likened to the Tesla of China.
“BYD boasts a diverse portfolio of brands and technologies, including our cutting-edge plug-in hybrids, whereas Tesla focuses solely on electric cars under a single brand. We are distinctly different entities,” explained BYD Europe CEO Michael Shu in an interview with Automotive News Europe.
With over two decades of experience at BYD since 1999, Shu shared his insights on various subjects with ANE Associate Publisher and Editor Luca Ciferri and Automobilwoche Publisher and Editor Burkhard Riering at the 2024 Geneva auto show.