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Electric cars in China

BYD zooms past Tesla in China's electric-car market

Middle-of-the-road prices fuel Chinese automaker's growth, but profit lags

A BYD Dolphin, part of the Ocean series of new energy vehicles, on display in Guangzhou. (Photo by Takashi Kawakami)

GUANGZHOU -- Chinese automaker BYD sold more electric and hybrid vehicles in China last year than Tesla, new industry figures show, with a surge of growth that puts it on track to doubling sales in 2022.

One of the BYD's most sought-after models, the Song Plus DM-i plug-in hybrid, went on sale last March. The price starts at roughly 150,000 yuan ($23,600).

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