BYD Is Quietly Building a Global EV Empire -- Here's What Investors Should Know

BYD (OTC: BYDDY), once known primarily as a Chinese battery maker, has rapidly transformed into one of the world's largest electric vehicle (EV) companies. In 2024, it overtook Tesla in global EV sales, signaling that this is no longer just a domestic player -- it's a company with global ambitions.So how is BYD building an international footprint? The answer lies in a deliberate strategy built around three pillars: controlling its supply chain, localizing production, and adapting its brands to fit diverse markets. Let's break down how these pieces work together to give BYD an edge.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool