
From a certain perspective, this might have seemed like a rocky week for electric car maker BYD and its metallurgist-turned-billionaire founder Wang Chuanfu.
China’s rival to Tesla, which recently raised nearly $6bn to fund ambitious global expansion plans, is facing crises on three continents. Its plans for a multimillion-dollar factory in Mexico are drawing opposition from both the Mexican government and senior officials in Beijing worried about tech leakage.
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