China’s Tesla-beating EV maker BYD has carmakers around the world ‘in a state of shock’ over its prices

When China’s BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles, casual observers of the auto industry might have been surprised.

But what’s caught other carmakers around the world off-guard is something else about BYD, which is backed by Warren Buffett’s Berkshire Hathaway: its low prices.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.