#Chinainsights#chinanews On January 24, 2024, Tesla CEO, Elon Musk warned, "If there are no trade barriers established [with China], they will pretty much demolish most other car companies in the world." What he said is true, and China's EV makers aren’t hiding their aggressive plans. China's BYD overtook Tesla to become the world's largest seller of EVs in the last quarter of 2023. While BYD is known for producing cheap EVs, it unveiled an electric supercar priced at $233,455 earlier this year to compete with Ferrari and Lamborghini. Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsights.subscription@gmail.com Facebook www.facebook.com/EyesOnChina. Your support allows us to produce more high-quality videos. Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.