Chinese company has taken risk and acted fast in expanding beyond home market
BYD opened a factory in Brazil during 2025. © Reuters
GUANGZHOU — Chinese automaker BYD is transforming the electric vehicle market, surpassing Tesla’s sales in more than 20 countries and regions over the past five years as it embraces risk and expands globally to overcome waning sales at home.
![[TwoBitDaVinci] Donut Lab's Test 2 - I Didn't Expect This!](https://www.evshift.com/wp-content/uploads/2026/03/JCKdAUJ-6RyrEiPgOAFzs79lROP76G64Tsext0Si-4.jpeg "[TwoBitDaVinci] Donut Lab’s Test 2 – I Didn’t Expect This!")
