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The luxury Yangwang U8 from BYD won’t likely appeal to western tastes, but its success has BYD wanting more. CFOTO—Future Publishing via Getty Images
China’s BYD outlined a new long-term strategy to boost sales and profits along with its sagging stock price, including plans to take a “leading position” in the luxury EV market.
Fresh from eclipsing Tesla in sales for the first time last quarter, the Warren Buffett-backed carmaker said…
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