BYD has caught up with Tesla in the global EV race. Here's how.

INSUBCONTINENT EXCLUSIVE:
Its market leadership has also enabled it to pressure suppliers for price cuts and extended payment terms, allowing it to rigorously control
vice-president Stella Li said competition with Tesla in EVs and autonomous technology would accelerate innovation, ultimately making BYD a
Joel Saget/AFP/Getty Images For years, the risks associated with reliance on US-made chips in particular have hovered
Raymond Tsang, an automotive technology expert with Bain in Shanghai.However, these vulnerabilities might not persist
Analysts believe BYD will soon develop most of its driverless systems in house and increasingly swap out Nvidia chips for those made by
Beijing-based Horizon Robotics
previously indicated to analysts that the company has all the tech and know-how to develop robots, in another potential long-term challenge
Financial Times Ltd
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