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Zenger
Zenger
Technology
Anan Ashraf

Tesla And Buffett-Backed BYD Lead EV Revolution, Leaving Japanese Automakers In The Dust: Report

BYD Japan United States China NYSE Tesla Inc.
Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. Recently, U.S.-based Tesla Inc (NASDAQ:TSLA) and Chinese EV maker BYD Co Ltd (OTCPK: BYDDY) (OTCPK: BYDDF) are leading the transition to electric vehicles while Japanese automakers lag, as per a recent report by a nonprofit organization. PHOTO BY JUSTIN SULLIVAN/GETTY IMAGES

U.S.-based Tesla Inc (NASDAQ:TSLA) and Chinese EV maker BYD Co Ltd (OTCPK: BYDDY) (OTCPK: BYDDF) are leading the transition to electric vehicles while Japanese automakers lag, as per a recent report by a nonprofit organization.

As per The International Council on Clean Transportation (ICCT)’s global automaker rating 2022 report published on Wednesday, Tesla and BYD are the leaders of the ZEV transition with Tesla a few steps ahead of its Chinese rival.

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