One of China’s major electric automakers, BYD Co, is close to hitting a major market-cap milestone in China, and its growth showcases the performance of the EV sector in China.BYD is nearing 1 trillion yuan in market cap (currently around 950 billion yuan or $142 billion USD) since its stock’smeteoric riseof 66% from lows in March. Analysts are expecting that the EV automaker will produce around 1.5 million vehicles in 2022, twice the amount it produced in 2021.It’s due in large part to BYD’s vertical integration model that has seen the company extend into battery production and even lithium mining (a key component of many EV batteries). In a pandemic world plagued by supply chain issues, what it means is that BYD has been able to sidestep many of the shortages and issues that other major