China’s BYD takes cautious approach to US in global EV push

Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla but for now it’s stuck in the slow lane on its rival’s home turf.

While BYD has not fully articulated its global ambitions in public, a concerted worldwide push has become the single most important strategic focus for China’s biggest EV maker, four sources familiar with BYD management’s thinking said.