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Axios
Axios
Technology

Why China's BYD is a threat to Tesla's EV dominance

Tesla Inc. BYD Supply chain

Chinese automaker BYD, which is backed by Warren Buffett, has surpassed Tesla in sales of electrified vehicles.

Driving the news: BYD sold 638,157 electric or plug-in hybrid passenger vehicles in the first six months of 2022, according to company filings published on July 3.

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