China’s BYD hits over 4.27 million EV sales in 2024, surpasses Tesla in quarterly revenue for the first time
SHANGHAI, CHINA: In the third quarter of 2024 (Q3 2024), Chinese electric vehicle (EV) giant BYD surpassed Tesla in quarterly revenue for the first time. On Wednesday, the company reported record-breaking sales of over 4.27 million (4,272,145) vehicles in 2024, marking a 41.3 per cent increase from 2023’s 3,024,417 units sold.
Tesla and BYD, two giants in the electric vehicle (EV) industry, faced contrasting fortunes in 2024. While Tesla retained a ...
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.
BYD continued to rapidly expand in 2024, selling 4.27 million vehicles, an impressive 41.3% jump over the 3 million sales in ...
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.
BYD will officially launch some of its most popular EVs in another overseas market in just a few weeks. The Chinese EV giant is now looking to break into South Korea, a market dominated by automakers ...
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