BYD doubles profit, strengthens hold on EV market as Tesla struggles
April 28, 2025
Chinese electric vehicle giant BYD extended its lead in the global EV race with a record-setting first-quarter profit. The carmaker solidified its dominance at home while advancing its global ambitions. But over in Europe, the brand shifted strategy as it struggled with its dealership footprint. The Shenzhen-based car maker’s net profit rose to 9.2 billion […]