EV giants at crossroads, BYD to overtake Volkswagen, 10 million units a year: 6 China EV reads

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EV giants at crossroads, BYD to overtake Volkswagen, 10 million units a year: 6 China EV reads - SCMP

Quick Summary:

A do-or-die moment facing the likes of Nio, Xpeng, Geely’s Zeekr and Leapmotor, and more: some of our latest reads on the Chinese EV industry.

BYD is set to overtake perennial market leader Volkswagen as China’s biggest carmaker in 2024 after outselling the German company’s joint-venture units in the first 10 months.

Brazil’s top diplomat in Hong Kong said his country would welcome more investment from Beijing in the rapidly expanding and lucrative EV field.