Tesla sales stall as China's BYD closes in
China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more than 4.2 million. The surge was powered mainly by sales of its hybrid cars.
BYD Company defied EV sector weakness in 2024 with strong fundamentals & market multiples indicating it's not overvalued.
BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but ...
BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of ...
BYD (BYDDF) hits 10 million new energy vehicles, leads Tesla in Q4 sales, and earns a clean sweep of Buy ratings from ...
BYD has achieved a monumental milestone, selling a record-breaking 4.3 million vehicles globally in 2024—a 41% surge from ...
BYD Denza 9 is a new energy vehicle which means it is a hybrid and not an EV. It uses a 2.0-litre turbocharged petrol engine ...
Also in today’s newsletter, South Korean cryptocurrency mogul Do Kwon in court and Alibaba agrees to sell stake in Sun Art Retail ...
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