BYD Expands Global Reach: Challenges Tesla and Targets Vietnam Market

BYD is aggressively expanding its presence in the global electric vehicle market The Chinese manufacturer has launched the Sea Lion 07, a new mid-size electric SUV, in a move to directly challenge Tesla's dominance outside China The Sea Lion 07, comparable in size to Tesla's popular Model Y, has already been spotted in international markets. Additionally, BYD is enhancing its foothold in Southeast Asia with a strategic expansion in Vietnam The company announced plans to open thirteen new dealerships in Vietnam, aiming to increase this number to about 100 by the year 2026 The initial rollout in Vietnam will include the compact crossover, the Atto 3..