BYD has quietly become the world’s top electric vehicle company—outselling Tesla, topping $100B in revenue, and doing it all without selling a single car in the U.S. In this weekend deep dive, we break down how a little-known Chinese battery maker turned into a global auto powerhouse. From government subsidies to battery tech breakthroughs and geopolitical pushback, we explore the forces driving BYD’s rise and the risks that lie ahead.

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