Part 4/7:
BYD has not only made headlines with technological advancements but also by dominating the Chinese automotive market, outperforming several Western brands. Their continued growth raises questions about how long traditional automakers, such as Volkswagen and Hyundai, can maintain their current standing. Despite some critics pointing out that BYD vehicles tend to be heavier due to their reliance on Lithium Iron Phosphate (LFP) batteries—a factor that might affect efficiency—BYD's increasing market share indicates that consumers are responding favorably.