Electric cars in ChinaChina's Warren Buffett-backed BYD overtakes Tesla in global EV sales
Shenzhen-based carmaker and battery group prepares to push into foreign markets
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.