#5 Strategic Market Focus
BYD strategically targets the massive Chinese EV market, which accounted for 55% of global EV sales in H1 2023. The company's deep understanding of local preferences and favorable government policies contributes to its dominance.
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CURATED FROM
How BYD Beat Tesla in the Electric Vehicle Market in Q4 2023
trajectorymatrix.substack.com
7 ideas
·724 reads
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Decoding industries, emerging innovations, concepts, products, & more. Untangling the factors influencing them. And, envisioning what lies ahead for them — years down the road.
The phone battery maker that became an EV giant
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