'Go right to the home territory of your competitor and make sure you dominate there,' venture capitalist Paul Holland said on CNBC.
in the first 11 months of 2019. The No. 2 selling EV was from Beijing-based BAIC Group.
Holland said Byton has "hundreds of developers" working in Santa Clara, California, as the company seeks to develop vehicles it views as comparable to Tesla. He said Byton also has a "very large' factory in China, which is the world's biggest vehicle market. "I think it makes it almost doubly smart that Elon is in Beijing and in Shanghai," said Holland, an investor in
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