BYD aims to outgrow Tesla in EV sales
The Chinese company BYD is nearing reclaiming its position as the world's largest seller of electric vehicles, having delivered 557,090 cars in the second quarter of the year, despite a decline compared to the same period last year. Data showed that the company's sales increased by 5.5% in June, with 43% of the vehicles exported to international markets. BYD is also working on developing its technologies, such as autonomous driving systems and next-generation batteries, to compete with Tesla, which experienced a decline in sales due to weak demand within China.
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