Chinese company BYD dominates the global EV industry. Their cheap but attractive cars are mass marketed in Europe, taking a large share of the electric market almost overnight and causing alarm amongst their rivals. Though Chinese imports would not qualify for US tax credits their tremendous cost advantage would make them highly competitive. $BYD Co., Ltd.(BYDDY)$ $BYD ELECTRONIC(00285)$
BYD is bigger than most realize here. They are big in bus market too. For their buses in the US they manufacture them in Lancaster California. And Ford reduces the price, starting using BYDDY's battery. This news is good for BYDDY but bad for Telsa![[Miser]](https://c1.itigergrowtha.com/community/assets/media/emoji_003_caimi.53908f82.png)
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