7 months ago
3 mins read
This company is the top electric car maker in the world, not Tesla: but will they accept crypto
China’s electric vehicle (EV) manufacturer, BYD, is gaining ground on its American rival, Tesla, as it surpasses Tesla in quarterly production and becomes the world’s second-largest producer of EVs. The success of BYD is a reflection of China’s growing auto industry and the shift towards cleaner technology. It also highlights the challenges faced by Western countries trying to reduce their reliance on Chinese goods. BYD’s journey began as a battery company before it entered the EV market. The company’s CEO, Wang Chuanfu, co-founded BYD in 1995 after earning degrees in engineering and metallurgy. They initially gained recognition for producing rechargeable
