It's looking for a spot.

... that are going further and costing less than ever before.

No company makes or sells more than BYD, the Chinese giant taking on Tesla, offering cars for as little as $10,000...

Let's drive.

... along with higher-priced luxury models.

0 to 60 mph in about 3 seconds.

Anything like this in the US? - Nothing I've drove.

But don't look for electric cars from BYD on American roads anytime soon.

US government needs to be more friendly.

Stella Lee is the CEO steering BYD's expansion in the Americas.

In an exclusive interview, she said the US is not part of the plan yet.

They're not ready. But then for BYD, we are ready.

What conditions would need to exist in order to consider an entry into the US market?

That's [a] good question. You should go back to ask the DC.

BYD faces stiff hurdles in the US, including a 25% tariff on Imports and push-back from US automakers who see Chinese competition as a major threat.

I think it's going to require trade restrictions for a limited period of time which will allow the Western automakers and the US automakers to catch up.

Even Tesla's CEO Elon Musk, who just made a surprise visit to Beijing to meet officials...

It's good to see electric vehicles making progress in China.

... said that without trade barriers, Chinese EVS will quote "demolish" other car companies.

BYD began as a battery manufacturer and with the help of government subsidies, now controls every mile of its low-cost supply chain from parts to shipping.

Among the concerns of US automakers and lawmakers that BYD's plan to build a factory in Mexico could allow the company to skirt tariffs under free trade rules.

BYD denies that's the goal.

And US officials say there are growing fears China could use smart car technology to spy on American drivers.

What did you make of the Biden Administration opening an investigation into smart car technology because of national security concerns that this technology was coming from China?

I don't understand. There's no data approve that.

National Security concerns are overblown?

Overblown. Oversensitive and misleading.

BYD alone is producing more than 3 million cars a year with capacity for more and few signs of slowing down.

Janis Mackey Frayer, NBC News, Shenzhen.