BYD CEO in new interview: "China's EVs are around 3-5 years ahead of the competition in terms of products, technology and the industrial chain." 
Discussion
They also double as a 10-minute rice cooker. Let’s see a Tesla do that Elon.
That is a sincere understatement.
The U.S. does not realize how far ahead China is.
When Charlie Munger raved on about BYD I thought that there was some hyperbole, but, the U.S. will unfortunately learn the hard way what the effects of protectionism is.
Tesla, and by extent, the U.S. will go down a path of mediocrity due to the lack of competition, and for what little gain; even Tesla’s cars are largely manufactured in China. GM and Ford recognize they no longer can compete in the electric vehicle industry.