Editorial: Le Monde

• In 2023, Toyota still leads the world ranking of car manufacturers with nearly ten million vehicles sold.
• The competition now focuses on becoming the first electric vehicle manufacturer, with Chinese brand BYD taking the lead.
• New companies like BYD and Tesla have outpaced historic manufacturers, dominating the manufacture of vehicle batteries and software development.
• The strategy to dominate the electric market varies, with Tesla focusing on high-end models and BYD on low-cost models.
• Tesla is already a global manufacturer with factories in the world's major markets. BYD has grown thanks to China's domestic market and government subsidy policies.
• The challenge for BYD is to expand abroad now that sales in China are starting to slow down.

Conclusion: Despite the challenges, it seems that new electric vehicle manufacturers are changing the global hierarchy in the car industry, possibly permanently.

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