BYD’s Battery Tech Gives Its Electric Vehicles an Edge
October 11, 2021 at 09:46 AM EDT
Over the summer, BYD began shipping its electric vehicles to Norway, a country that has experienced rapidly growing demand for battery-powered cars. The Chinese manufacturer is able to capitalize on its homegrown battery technology that allows for much cheaper productions costs than competitors, and it is setting its sights on other global markets as Chinese electric vehicles (EVs) stand poised to potentially dominate the global industry.