China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

BYD has no plans to launch EVs in the US When asked why not, Li responded, “It's too complicated.” Although Li called the US “an interesting market,” it's “very complicated if you're talking about EVs.”

A smattering of BYD quality issues have become public, including complaints about paint and plastics peeling in Thailand and vehicles warping under the weight of roof racks in Israel, where its EV sales have been strong.

BYD is a publicly traded company with 60% of its stocks owned by U.S. investors. Warren Buffett's Berkshire Hathaway is the largest single shareholder at 9.9%.