Automundo China

Spinning bright red handkerchiefs and dancing in step to folk music, more than a dozen human-like robots took to China’s biggest stage in January, making a splashy debut at the annual Lunar New Year gala.

The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.

Reports from China caused Tesla shares to rally over 10%.

Shenzhen-based company announced full-year revenue reached approximately $107 billion -- surpassing expectations and topping Tesla’s $97.7 billion.

Chinese automaker BYD surpassed Tesla in total revenue for 2024, reporting $107 billion compared to the Elon Musk-led brand's $97.7 billion.

Hyundai (HYMTF) is planning to expand in the US, with the automaker set to spend about $21 billion in the US through 2028. Additionally, shares of Chinese automaker BYD (BYDDY) jumped as the company reported better-than-expected earnings results, beating Tesla's (TSLA) full-year 2024 sales. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination hosts Julie Hyman and Josh Lipton to discuss Hyundai's expansion, BYD's earnings, and declining Tesla sales in Europe. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

China has been becoming a major reference in the automotive industry in recent years. It's not just about BYD, which is gaining ground strongly on the roads,

BYD just launched its new Tesla Model 3-sized electric sedan but at about half the cost. The sleek new Qin...

The Chinese EV maker topped Tesla in total revenue last year as it builds its home-market lead

Chinese automaker BYD has officially unveiled its latest compact electric SUV, the Sealion 5, before its launch this Tuesday. The new model has high-tech features, including a built-in refrigerator and BYD's innovative Gods Eye advanced driver assistance system (ADAS). With plans to roll out the Sealion 5 globally, including in European markets, in...