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Al Jazeera
Al Jazeera
Business

Tesla most ‘future-ready’ carmaker, China’s BYD rising: Report

Tesla ranks as the most future-ready carmaker in an index released by a top business school [File: David Zalubowski/AP]

Tesla is the most “future-ready” carmaker, while its Chinese competitor BYD has made the most progress in enhancing its resilience, according to an index compiled by a top business school.

Elon Musk’s electric vehicle (EV) company ranked first for readiness to navigate future crises for a fourth consecutive year, while Shenzhen-based BYD climbed nine places to fifth spot, according to the rankings released by the Swiss-based International Institute for Management Development (IMD) on Wednesday.

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