BYD

The concept pioneered by Tesla has been taken to the next level by Chinese automakers.

Huge investments have helped the two carmakers grab market share in the stronghold of Japanese rivals.

Low EV profits obscure a broader push to expand globally, adapt to local demand, and build long-term positions abroad.

Many domestic makers are receiving greater support following the changes, widening the disparity.

The Chinese automaker has taken risk and acted fast in expanding beyond its home market.

The world’s largest EV maker is expected to begin assembly in Pakistan in the third or fourth quarter, according to the partner firm.

European transport groups point to their low prices and more advanced EV tech.

The Chinese automaker is eyeing growth overseas from minicars amid struggles at home.