How BYD Can Become a Lucrative Winner for Investors
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When it comes to the electric vehicle (EV) industry, most investors instantly think of Tesla. That's fair -- Tesla arguably has done more than any company to change the game for the EV industry by making EVs nearly mainstream in popularity.But over the past five years, shares of Chinese EV maker BYD have surged 377% higher, more than double Tesla's 157% gain, and there's reason to think BYD is just getting started. Just look at its most recent move.When investors consider BYD, they most likely think of the Chinese juggernaut EV maker that has caught Tesla in global markets and is undercutting the competition with rock-bottom pricing. What investors probably don't think of when BYD comes up in conversation is that it might want to be the next Ferrari.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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