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BYD targets Tesla's backyard as it doubles down on Europe

Tesla
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BYD executive vice president Stella Li showed off the Tesla rival's Seal 6 hybrid at the IAA Mobility conference in Munich. Sven Hoppe/picture alliance via Getty ImagesBYD plans to open 1,000 new stores across Europe by the end of 2026. The EV giant wants to triple its stores in Germany, the home of Tesla's European gigafactory.

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