In a surprising turn for rival electric vehicle makers, BYD’s executive vice president Stella Li has called for collaboration with Tesla to phase out internal combustion engine (ICE) vehicles. “Our common enemy is the internal combustion engine car. We need to work together… to make the industry change,” Li told the Financial Times during an interview at a BYD showroom in London. This statement comes as both companies compete for leadership in the global EV market while facing distinct regional challenges. Global Expansion Amid Political Headwinds BYD continues its aggressive international growth with manufacturing plants planned in Hungary and Turkey. … Continue reading BYD’s $5.2B Expansion Challenges Tesla Amid European Sales Decline