Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion

Biztoc.com - March 25, 2025

Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion

Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up. In a filing published Monday, BYD posted a 29% increase in revenue from t…

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