top
China’s BYD aims to be world’s biggest car firm within five years
Why this matters: a developing story that could shape the day's news cycle.
EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in Europe Business live – latest updates The Chinese car company BYD has said it aims to be the world’s biggest automaker within the next five years.Targeting Toyota’s long-held top spot, BYD’s founder and chair, Wang Chuanfu said he was confident it could overtake global rivals through rapid advances in battery technology and fast charging, as well as growing production overseas, including Europe. Continue reading...
Article preview — originally published by The Guardian. Full story at the source.
Read full story on The Guardian →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from The Guardian alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop