Tesla sales stall as China's BYD closes in
Chinese car maker BYD saw sales jump at the end of last year, leaving it closer to claiming the title of the world's best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers.
BYD continued to rapidly expand in 2024, selling 4.27 million vehicles, an impressive 41.3% jump over the 3 million sales in ...
A similar phenomenon has occurred in China, where local municipalities have implemented their own incentives for EVs. For ...
BYD, Nio, Xpeng, Li Auto, Stellantis-backed Leapmotor and Geely’s Zeekr all delivered record numbers of EVs last month.
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 ...
By Fabio Teixeira RIO DE JANEIRO/SHANGHAI (Reuters) -Chinese workers at a construction site in Brazil for a factory owned by ...
BYD will officially launch some of its most popular EVs in another overseas market in just a few weeks. The Chinese EV giant is now looking to break into South Korea, a market dominated by automakers ...
Authorities rescued 163 workers living in inhumane conditions, prompting BYD to sever ties with its construction partner.
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.
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