3 Chinese EV Stocks That Could Be the Next BYD: May Edition
BYDDYBYD(BYDDY) investorplace.com·2024-05-23 23:45

Chinese EV stocks to buy have taken the market by storm, with BYD (OTCMKTS:BYDDF) leading the charge as a clear frontrunner. Not only have they dominated the domestic market, but they continue to spread their tentacles across the globe. Chinese EV exports shot up by 77% in 2023, reaching 1.2 million cars. Moreover, BYD knocked EV pioneer Tesla (NASDAQ:TSLA) off its perch to become the largest seller of battery EVs during the fourth-quarter (Q4) of 2023.However, with the Biden Administration’s sweeping tarif ...