The Lesson From BYD’s EV Takeover: Don’t Discount China ...Middle East

(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.) Here in the U.S., we hear a lot about how legacy automakers are racing to catch up to Tesla and capture a piece of the growing electric vehicle market. Tesla has a head start, but GM, Ford, and Stellantis have poured billions into their respective efforts to catch up. [time-brightcove not-tgx=”true”] In the global race, however, there is another, perhaps more significant, competitor: Chinese-made EVs. Last quarter, Chinese automaker BYD surpassed Tesla as the world’s biggest producer of EVs. And a handful of other Chinese EV makers are planning to rapidly expand in the European mark

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