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This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,” a senior company executive told a Chinese state media anchor.
Yuan Jingzhi | Visual China Group | Getty Images
Shares of electric vehicle maker BYD jumped in Wednesday morning trade after a senior executive said during an interview with Chinese state media that the company is set to supply batteries to Tesla “very soon.”
“We’re now good friends also with Elon Musk, because we’re preparing to supply batteries to [Tesla] very soon,” BYD Vice President Lian Yubo said during an interview with Chinese state media…
Source cnbc.com
