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flag BYD edges past Tesla in global readiness rankings, showcasing Chinese EV makers' rise.

flag Chinese automaker BYD has surpassed Tesla in the "Future Readiness Indicator 2025" rankings by the IMD, assessing 40 financial institutions, 21 automakers, and 26 consumer firms on innovation, regulatory agility, and customer engagement. flag BYD, Tesla, and two other Chinese EV makers now occupy the top four spots in the auto category. flag BYD's focus on EVs, software, and integration of battery technology contributed to its lead. flag The report highlights that Chinese companies' localization strategies make them global enterprises adapting to local markets.

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