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Zenger
Zenger
World
Anan Ashraf

‌Warren Buffett-Backed BYD Hits 6M EVs, Puts Pressure On Tesla In China‌

BYD Warren Buffett China Sheldon Cooper electric vehicle Tesla Inc.
Warren Buffett-Backed BYD hits 6M EVs, piles heat on Tesla in China. SHELDON COOPER/SOPA IMAGES/SHUTTERSTOCK.

BEIJING — Chinese EV giant BYD Co Ltd (OTCPK: BYDDY) (OTCPK: BYDDF), considered a rival to Tesla Inc (NASDAQ:TSLA) announced on Saturday that it has achieved a significant milestone in the electric vehicle industry by rolling out its 6 millionth new energy vehicle (NEV).

What Happened: BYD made the announcement merely three months after it announced that its NEV production has touched 5 million and a year after it announced the rollout of its 3 millionth NEV. Interestingly, BYD took 13 years to build the first one million new energy vehicles.

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