Race for China’s EV market could last 3 years, BYD says, claiming it wants to work with Tesla
Publishing timestamp: 2024-01-29 21:58:08
Summary
The article discusses the heated competition in China's electric car market, with BYD claiming it wants to work with Tesla to grow the market. BYD has experienced rapid growth and expects to be one of the few car companies to make money in this environment. The article also mentions the government subsidies and license plate restrictions that have boosted new energy car sales in China. BYD reported a significant increase in profit last year and is expanding globally.
Sentiment: NEUTRAL
Keywords: tesla inc, stock markets, autos, byd co ltd, breaking news: technology, business news, technology, markets, market insider,