Etiqueta: Model Y

Cars News: China's BYD surpasses Tesla in 2024 annual revenue, reporting $107 billion, driven by strong domestic demand and global expansion. BYD's affordable hi

Tesla's Chinese competitor BYD recorded a 73 per cent jump in fourth-quarter profit on Monday and said its annual revenue for 2024 crossed the $100 billion US mark, surpassing the U.S. automaker.

The Sealion 7 should be a big seller for BYD – it’s a rival for the Tesla Model Y, the world’s top-selling car – but will its price and range count against it?

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.

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

The Seagull is BYD’s cheapest EV, starting at under $10,000 in China. Later this year, it will launch in Europe...

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.

The Sealion 05 EV, a compact electric SUV, will be based on an all-new platform with a rear drive powertrain.

The Australian Electric Vehicle market is sluggish in 2025 but I expect an Aussie Boom to come with many new models launching.