China's Warren Buffett-backed BYD overtakes Tesla in global EV sales

Shenzhen-based carmaker and battery group prepares to push into foreign markets

20220705 BYD for FT

BYD has also overtaken South Korea's LG as the world's second-biggest producer of EV batteries. © Reuters

WELLINGTON/HONG KONG/SEOUL (Financial Times) -- BYD, the Chinese auto giant backed by Warren Buffett's Berkshire Hathaway, has dethroned Elon Musk's Tesla as the world's biggest electric vehicle producer by sales, signaling China's rising dominance over the sector.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.