EV

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

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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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