BYD, the Chinese EV giant backed by Warren Buffett’s Berkshire Hathaway, has global ambitions—expanding its presence in countries like Japan, Thailand, and Mexico to sell its ultra-affordable EVs worldwide. But one market is conspicuously absent: the U.S.
The U.S. EV market is in “a very confusing stage” due to slowing adoption by consumers, BYD Americas CEO Stella Li said Monday….