Part 2/10:
In China, the auto market is inundated with over 160 manufacturers, most of whom are struggling to remain afloat. While some of these companies will inevitably fail, one standout is BYD (Build Your Dreams), which has risen to prominence alongside Tesla and Toyota as a major player in the global automotive field. BYD’s ascent has been attributed to its aggressive market strategies and remarkable growth—reportedly increasing its production from half a million vehicles a few years ago to around five million today.