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BYD has overtaken Tesla in global electric vehicle sales, marking a significant milestone in the automotive industry. With 526,409 electric vehicles sold in the last quarter, BYD’s diverse and affordable product range in China played a crucial role in its success. Tesla, despite exceeding its annual target, did not meet the higher production potential projected by CEO Elon Musk.
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BYD’s entrance into the Japanese market has been met with relatively low sales but significant media attention. The company’s success in Europe and its focus on technological innovation have raised its profile. Despite the current modest sales in Japan, BYD’s growth and strategic expansions indicate its potential to make a significant impact in the global automotive industry.
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BYD has established a new hallmark for Chinese automotive ventures abroad. It has always stood out in terms of vehicle
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