<p>Chen Hong, Chairman and CEO of Hanergy Investment Group, stated at the China Future Star Annual Conference that Chinese car companies cannot compete with the world in traditional fuel vehicles, but in the field of EVs, there is no doubt that BYD will soon surpass Tesla and become the world's number one in terms of quantity. &#34;Elon Musk said his biggest competitor comes from China.&#34;</p>

01211

81211

002594

BYDDF

BYDDY

<p>Chen Hong, Chairman and CEO of Hanergy Investment Group, stated at the China Future Star Annual Conference that Chinese car companies cannot compete with the world in traditional fuel vehicles, but in the EV field, there is no doubt that BYD will soon surpass Tesla and become the world's number one in terms of quantity. "Elon Musk said his biggest competitor comes from China."</p>

Zhitong

BYD Company Limited

BYD COMPANY

BYD COMPANY-R

Chen Hong: BYD will soon surpass Tesla and become the world's number one in terms of quantity