Etiqueta: FSD

China’s leading automaker, BYD, reported a 100.4% profit surge in the first quarter, partly driven by its smart electric vehicle (EV) features. BYD’s net profit reached 9.2 billion yuan ($1.26 billion), exceeding the company’s earlier forecast of RMB 8.5 billion ($1.1 billion) to RMB 10 billion ($1.3 billion), according to a Friday stock filing. The […]

Tesla may have started the race, but BYD is setting the pace. Does this Chinese EV giant now hold an upper hand in this high-stakes race for electric dominance?

SHANGHAI (Reuters) -More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids. Top-selling Chinese brands such as BYD and Geely are expected to take centre stage at the show from April 23 to May 2, while foreign automakers such as Volkswagen, Nissan, Toyota and General Motors' Cadillac brand will also jostle for attention. As a years-long consumer price war in China drags on, next-generation automated-driving features have become the next front in the battle for vehicle sales and profits.

Counterpoint’s insights were shared by the market researcher on its official website.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! BYD has surged past Tesla in full electric vehicle (BEV) sales*. One thing people have been critiquing Tesla for (for a long time, not just since Elon Musk went wild with his DOGE side ... [continued]

BYD reported a 29% jump in sales from the previous year on deliveries of 4.27 million cars. By comparison, Tesla’s 2024 revenue was USD 97.7 billion

China’s BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean-energy cars.

China’s BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean-energy cars.

In the fourth quarter of 2024 BYD’s profits surged by 73 per cent, filings show