BYD surpasses Tesla in quarterly revenue but not (yet?) in EV sales
October 31, 2024
For the first time, Chinese automaker BYD has surpassed Tesla in quarterly revenue. The leap is driven by strong domestic sales, helped by government incentives, and BYD’s relentless focus on expanding its international footprint. In China, where over half of vehicle sales now consist of electric or hybrid models, BYD continues to dominate. BYD reported […]