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BYD surpasses Tesla in EV production in 2024; trend underscoring Chinese NEV industry’s growing competitiveness: analysts

BYD surpasses Tesla in EV production in 2024; trend underscoring Chinese...

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The number of electric vehicles (EVs) produced by Chinese new-energy vehicle (NEV) maker BYD surpassed that of US automaker Tesla in 2024, while in terms of EV sales, BYD's gap with Tesla narrowed to within 30,000 units last year, according to freshly-released financial statements by the two companies. The new trend speaks volume for the growing competitiveness of Chinese NEV and its popularity in global markets, which is bolstered by technological advancement and across-the-supply-chain advantage, auto analysts said.
Chinese EV giant BYD beats domestic players to hit record 2024 sales

Chinese EV giant BYD beats domestic players to hit record 2024...

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Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals.
Chinese BYD tops Tesla in fourth quarter, delivers record EV vehicles

Chinese BYD tops Tesla in fourth quarter, delivers record EV vehicles

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According to both companies' production and sales results for the year 2024, Tesla delivered 495,570 electric vehicles (EVs) during the fourth quarter, while BYD delivered 595,413 units.
Chinese auto giant BYD makes stormy entry into Turkish market in 32 days

Chinese auto giant BYD makes stormy entry into Turkish market in...

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Chinese auto giant BYD has made a remarkable entry into the Turkish market, achieving 6,591 vehicle sales within just 32 days following its new product launch
TSLA vs. BYDDY: The Fierce Battle for 2025 EV Dominance

TSLA vs. BYDDY: The Fierce Battle for 2025 EV Dominance

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BYD's rapid ascent challenges Tesla's reign as the EV leader, but with Tesla's innovation and loyal following, the 2025 showdown for EV supremacy is heating up.
Tesla vs. BYD: The High-Stakes Battle for Global EV Supremacy Heats Up

Tesla vs. BYD: The High-Stakes Battle for Global EV Supremacy Heats...

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China's booming EV market tips the scales as Tesla fights to keep its crown against BYD's relentless rise.
BYD, Leapmotor, and Xiaomi hit 2024 targets, on track for 2025 goals · TechNode

BYD, Leapmotor, and Xiaomi hit 2024 targets, on track for 2025...

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December once again boasted the strongest month on record with some dizzying figures from automakers, as China’s car retailing maintained its growth trajectory in the past six months.
BYD overtakes Tesla as world's largest maker of pure electric cars in fourth quarter

BYD overtakes Tesla as world’s largest maker of pure electric cars...

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BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations. Shenzhen-based BYD beat Austin, Texas-based Tesla by more than 20 per cent in terms of deliveries. In the fourth quarter, BYD delivered 595,412 battery electric vehicles (BEVs) to customers, up 13.1 per cent from a year earlier. The company, which counts Warren Buffett's Berkshire Hathaway as a shareholder, a
BYD sold 1.76 million electric cars in 2024

BYD sold 1.76 million electric cars in 2024

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BYD has only just missed out on the title of the world's largest electric car manufacturer. With 1.76 million electric cars, the Chinese manufacturer is