Sales surge in 2024 for Chinese EV giant BYD
Leading Chinese electric car maker BYD’s vehicle sales surged in 2024, the company said as the firm grows its overseas presence. The EV and battery giant is the most prominent of Chinese automotive firms expanding abroad — plans that are increasingly threatened by thorny trade disputes between Beijing and the West.
Tesla's electric vehicle deliveries dropped 1.1% in 2024, missing estimates, while BYD surged ahead with 12.1% growth.
BYD has only just missed out on the title of the world's largest electric car manufacturer. With 1.76 million electric cars, ...
BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla’s sales for the period fell short of expectations.
Also in today’s newsletter, South Korean cryptocurrency mogul Do Kwon in court and Alibaba agrees to sell stake in Sun Art Retail ...
A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...
BYD, Nio, Xpeng, Li Auto, Stellantis-backed Leapmotor and Geely’s Zeekr all delivered record numbers of EVs last month.
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