Elon Musk's Tesla is under pressure in the world's largest car market from EV giant BYD and its rivals that are fast expanding outside China.

China's electric vehicles are around three to five years ahead of the competition in terms of products, technology and the industrial chain, BYD's CEO Wang Chuanfu said in an interview with China's national television broadcaster.

The country's automakers lead in several important areas, like product, technology, and industrial supply chain

China's electric vehicles are approximately three to five years ahead of their competitors in terms of products, technology, and the industrial chain, BYD

According to BYD's CEO, China's electric vehicles are years ahead of rivals – and he's not the only one to praise its auto industry.