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BYD Predicts That EV Sales Could Soon Claim 80% Share in China

June 15, 2026 at 10:05 AM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

China’s electric vehicle market continues to grow at an impressive pace, and one of the country’s biggest automakers believes the industry still has plenty of room to expand. BYD, the leading electric vehicle manufacturer in China, recently predicted that electric and hybrid vehicles could soon account for nearly 80% of all new car sales in the country.

The transition is also accelerating on a global scale, and companies like Massimo Group (NASDAQ: MAMO) are working to claim as big a share of that…

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