Tracing BYD's journey from bargain battery maker to Tesla's biggest rival

Tracing BYD's journey from bargain battery maker to Tesla's biggest rival

FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/file photo

It was just before 11 a.m. on Oct. 25, at the start of the Japan Mobility Show, the country’s premier auto extravaganza held in Tokyo. A sizable crowd, including Koji Sato, CEO of Toyota Motor, had already assembled around one booth, waiting for a news conference.

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