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Chinese EVs are three to five years ahead of those from competitors - BYD founder Wang Chuanfu

Summary by Paul Tan's Automotive News
Electric vehicles from Chinese manufacturers are approximately three to five years ahead of those from foreign competitors, BYD founder Wang Chuanfu was quoted as saying during an interview with Chinese broadcaster CCTV, reported Fortune. While one reason for Chinese EV makers’ competitiveness is cost, as they are typically priced lower than products developed in other regions, Wang claimed that BYD’s success is due to their products being more …
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Chuanfu (BYD): “Chinese electric vehicles are five years ahead of the competition”

Chinese-made electric vehicles are three to five years ahead of the competition, Reuters reported yesterday, citing a? interview with l? CEO of BYD,...

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Paul Tan's Automotive NewsPaul Tan's Automotive News

Chinese EVs are three to five years ahead of those from competitors - BYD founder Wang Chuanfu

Electric vehicles from Chinese manufacturers are approximately three to five years ahead of those from foreign competitors, BYD founder Wang Chuanfu was quoted as saying during an interview with Chinese broadcaster CCTV, reported Fortune. While one reason for Chinese EV makers’ competitiveness is cost, as they are typically priced lower than products developed in other regions, Wang claimed that BYD’s success is due to their products being more …

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Paul Tan's Automotive News broke the news in on Friday, February 21, 2025.
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