Automundo China

China’s BYD beat estimates after sales topped the $100 billion mark for the first time last year. Even with lower-priced...

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The Chinese EV giant beat Tesla in revenue, unveiled breakthrough tech, and is gearing up for global domination.

Tesla is pausing its free, limited-time trial of its mull Self-Driving driver software in China, a potentially significant setback.

BYD European expansion accelerates as the automaker partners with Italian suppliers and builds its first passenger-car plant in Hungary.

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.That figure eclipsed the $97.7 billion in revenue last year announced previously by Tesla.

The results underscore BYD’s growth in China as US rival Tesla has declined, driven by younger car buyers who increasingly turning to cheaper, local brands.

The EV maker paused trials amid new Chinese rules requiring pre-approval for over-the-air software updates

BYD's net income in the fourth quarter was a record RMB 15.02 billion ($2.07 billion), as NEV sales reached an all-time high.