BYD’s Takeover Target in the EV Industry

The clamour for environmental sustainability has led to innovations aimed at reducing the emission of greenhouse gases into the environment. The motor industry has stayed in the environmental sustainability lane. The leading companies in the manufacture of electric cars are BYD, Tesla, and SAICO. Stage 2 of the assignment undertook the competitor analysis in the electric vehicle industry. It established that BYD electronics have higher prospects of leading the industry due to its large market share and strong financial base.