The speed with which Chinese carmakers have learnt and innovated has enabled them to surpass Elon Musk’s company, while also leaving European and Japanese rivals behind in the EV transition.
In mid-2022, when BYD executive Lian Yubo was asked to compare Chinese manufacturing with Tesla’s technology, he remarked that Elon Musk was an example that all Chinese carmakers could learn from.
“Tesla is a very successful company no matter what. BYD respects Tesla, and we admire Tesla,” he said in an interview on Chinese state media.
