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Chinese EVs pull into the lead

Last year the Chinese car company BYD (which stands for Build Your Dreams) overtook Tesla as the world's top seller of fully electric vehicles, despite the U.S. market being virtually closed to them. Correspondent Seth Doane looks at how China's long-term investments in innovation are paying off in EVs – and how protective tariffs may end up hurting American automakers down the road. (Originally broadcast April 12, 2026.)

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CBS NewsLean L·1h ago
Chinese EVs pull into the lead
Last year the Chinese car company BYD (which stands for Build Your Dreams) overtook Tesla as the world's top seller of fully electric vehicles, despite the U.S. market being virtually closed to them. Correspondent Seth Doane looks at how China's long-term investments in innovation are paying off in EVs – and how protective tariffs may end up hurting American automakers down the road. (Originally broadcast April 12, 2026.)
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Chinese EVs pull into the lead

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