Chinese BYD Overtakes Tesla in Quarterly Revenue

Chinese automaker BYD has surpassed Tesla in quarterly revenue for the first time, signaling a shift in the global electric vehicle (EV) market. BYD reported $28.2 billion in revenue for the third quarter of 2024, exceeding Tesla’s $25.2 billion. BYD’s revenue grew by 24% compared to the same period last year. The Shenzhen-based company’s net […]

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