Etiqueta: FSD

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

BYD Company Limited's stock soars 58% YTD, outpacing Tesla & Li Auto. Click for my updated look at BYDDF prospects following its battery-charging and FSD news.

The EU is investigating BYD for allegedly using unfair subsidies in its Hungary EV plant.

Tesla's competitors in China disclosed a slew of updates on Tuesday, once again signaling that competition on the mainland is fierce for the EV juggernaut and the Chinese upstarts.

Tesla (TSLA) shares continue to slide after Chinese automaker BYD (1211.HK) announced a breakthrough in electric vehicle (EV) charging. RBC analysts also cut their price target for the stock to $320 from $440. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Electric vehicle giant BYD unveiled a new charging system in China on Monday, intensifying already fierce competition in the world’s largest auto market and propelling it further ahead of rivals such as Tesla.