For as long as I’ve been covering electric cars (over a decade), there have been two clear electric vehicle leaders globally — Tesla and BYD. Aside from its electric cars, BYD also led with electric buses and electric trucks — but we’re just going to look at electric cars (including SUVs) in this piece. One of the fascinating things is that these two companies went after the market in very different ways and are now converging to a great degree. BYD started with cheaper, low-performance electric cars that didn’t thrill anyone, that used early-generation LFP batteries with low energy density, and that were targeted at taxi drivers.
