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BYD

China’s BYD Surpasses Tesla: A New EV Giant Claims Over $100 Billion in Sales

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BYD

In a seismic shift within the electric vehicle (EV) industry, Chinese automaker BYD has eclipsed Tesla, posting annual sales exceeding $100 billion for 2024, outpacing Elon Musk’s American juggernaut. With revenues hitting 777 billion yuan ($107 billion), BYD’s meteoric rise—fueled by a 29% sales surge and deliveries of 4.27 million vehicles, including hybrids—marks a turning

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China Looks to Africa in Race for Lithium

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manufacturing lithium battery

t is the new gold rush, and China is leading the hunt as prices surge. Only it's not gold everyone's looking for, it's lithium. Many say the future of electric vehicle production and, more broadly, combatting climate change, depend on the rare metal.

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