BYD exec Stella Li described China as “the homeland for innovation” in the car industry. The company’s sales grew more than 40% globally last year thanks to its EVs and PHEVs. Its growth is made all the more impressive by the fact it doesn’t sell any vehicles in the US.

In past years, electric vehicle (EV) batteries have undergone a revolution. We’re at a stage where electric cars have autonomy comparable to petrol cars or are even better. But, as the industry moves forward,

Tesla (TSLA) and BYD (BYDDF) are two leading EV manufacturers vying for one of the hottest new business segments in the market. Tesla is a U.S.