The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition.