BYD

The company needs to sell an average about 530,000 cars a month for the rest of 2026 to touch its goal

China brands and Tesla race up the charts as traditional carmakers lose more ground 

The country’s bottom-up model produced some of its most successful companies but also created excess capacity

The carmaker’s shares rise 8.4% on Thursday, its biggest intraday gain since February 2025

Its overseas sales helped cushion weakness in China

Chinese carmakers have garnered 15 per cent of EV sales in Europe in April

“Chinese automakers are aggressively challenging Japanese dominance” in Asean markets

The EV giant could potentially sponsor a midfield or back-of-the-pack team at a lower cost than a top-tier team

While Toyota’s chairman feels lonely at the top, BYD’s is remarkably optimistic