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Tesla and BYD Lead Electric Vehicle Industry Towards Sustainable Innovation
The article looks at how Tesla and BYD, big players in the electric vehicle industry, use ESG practices to compete. Both companies care about the environment and innovation, but they have different cultures and strategies. Challenges include managing the supply chain, following regulations, and hiring skilled workers. To overcome these challenges, they can form partnerships, get materials from different sources, and invest in employee training. This research helps companies in the electric vehicle industry improve their sustainability efforts. It suggests ways to deal with problems and make progress, leading to more sustainable growth and innovation in the sector.