SINGAPORE—China’s homegrown new-energy vehicle makers are booming as demand surges, with sales now forecast to hit a record six million this year in the world’s largest auto market.
Warren Buffett
-backed
BYD Co.
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, which has emerged as a formidable rival to
Tesla Inc.,
Tesla Faces Crowded Field in China as New-Energy Car Market Booms comes via ChinaTechNews.com.