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.
BYD has only just missed out on the title of the world's largest electric car manufacturer. With 1.76 million electric cars, ...
Tesla's electric vehicle deliveries dropped 1.1% in 2024, missing estimates, while BYD surged ahead with 12.1% growth.
Tesla rivals BYD, Nio Li Auto, XPeng and Zeekr all reported record December China EV sales as the price war intensified.
Thus, to keep its crown as the world's top seller of electric cars, Tesla needs to deliver over 400,000 cars in the final ...
Wall Street Journal on MSN1d
BYD, Chinese EV Peers Post Record Sales for DecemberBYD sold a record number of electric and hybrid vehicles in December, leading a host of Chinese peers benefiting from a ...
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