Wang Chuanfu, founder of Chinese EV giant BYD, got a prime seat at Monday’s meeting with Chinese President Xi Jinping, meant to show Beijing’s renewed commitment to its beleaguered tech sector. The Chinese carmaker has gone from strength to strength in recent years, becoming China’s top car seller, prying open overseas markets, and running neck and neck with Tesla in being the world’s top EV maker.
Chinese-made electric vehicles have gained ground in overseas markets in recent years, particularly in markets like Mexico, Malaysia, or Thailand.
