🚗BYD's hybrids can travel 2000 kilometers without recharging, surpassing Tesla's battery-powered vehicles.
🌍BYD is targeting export markets with less developed EV charging infrastructure, positioning hybrids as a reliable alternative.
📈Investors are concerned about Volkswagen losing its leadership position in China, impacting their stock price.
🔋Hybrids are experiencing a resurgence, challenging the notion that battery electric vehicles are the only way forward.
🇨🇳BYD is dominant in the Chinese market and aims to expand its presence in other important markets.