Prefer BYD to Tesla Jones prefers Tesla's Chinese EV rival BYD , which he says is his top EV pick.
"I haven't seen anything that would suggest to me that they don't have sales momentum, business momentum, new model release momentum, and indeed, now export momentum," Jones said.
Two other EV alternatives Another EV company that Jones likes is Volvo Trucks, a unit under Swedish automaker Volvo .
"The reason we like [electric] trucks is that it's the area where Western manufacturers are still pretty strong," he said.
Volvo has a "very good" truck business, he said, adding: "In particular, they're making a good transition in terms of electric trucks.
Persons:
Tesla, Kingsley Jones, Jevons, …, Jones, Tesla Jones, BYD, they're
Organizations:
EV, CNBC, BYD, Volvo Trucks, Volvo, Nio
Locations:
U.S, United States, BYD, China, Swedish