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Chinese EV giant BYD overtakes Tesla with annual sales topping $100 billion US

Chinese EV giant BYD overtakes Tesla with annual sales topping $100...

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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.
Chinese EV titan BYD eclipses Tesla with annual sales of more than $100 billion

Chinese EV titan BYD eclipses Tesla with annual sales of more...

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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.
Chinese EV titan BYD posts $100 billion in annual sales, eclipses Tesla

Chinese EV titan BYD posts $100 billion in annual sales, eclipses...

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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 EV registrations in week 12: Nio 2,400, Xpeng 7,500, Tesla 17,000, BYD 58,500

China EV registrations in week 12: Nio 2,400, Xpeng 7,500, Tesla...

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Nio was up 20%, Tesla was up 11%, and Xiaomi was slightly up 1.5%, while BYD was down 7%.

The post China EV registrations in week 12: Nio 2,400, Xpeng 7,500, Tesla 17,000, BYD 58,500 appeared first on CarNewsChina.com.

Chinese EV maker BYD sales soar, cementing lead in world’s largest car market

Chinese EV maker BYD sales soar, cementing lead in world’s largest...

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The results underscore BYD’s growth in China as US rival Tesla has declined, driven by younger car buyers who increasingly turning to cheaper, local brands.
BYD reports record Q4 net income as NEV sales soar

BYD reports record Q4 net income as NEV sales soar

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BYD's net income in the fourth quarter was a record RMB 15.02 billion ($2.07 billion), as NEV sales reached an all-time high.
Tesla FSD trial temporarily paused in China, report says

Tesla FSD trial temporarily paused in China, report says

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The reason for the pause is unknown at this time.

The post Tesla FSD trial temporarily paused in China, report says appeared first on CarNewsChina.com.

Hang Seng Index recovers, BYD surges ahead of earnings, Meituan declines

Hang Seng Index recovers, BYD surges ahead of earnings, Meituan declines

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Hang Seng Index opened higher today, gaining 59 points or 0.25%, to reach 23,749 points. The National Enterprises Index rose by 28 points or 0.32%, settling at 8,770 points, while the Technology Index increased by 25 points or 0.44%, to stand at 5,664 points.

No longer alone at head of the NEV pack, Li Auto...

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While it remains a leader in China’s crowded field of NEVs, Li Auto faces growing competition from rivals that are quickly catching up
Is Boyd Gaming (BYD) One of the Best Casino Stocks to Buy According to Billionaires?

Is Boyd Gaming (BYD) One of the Best Casino Stocks to...

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We recently compiled a list of the 10 Best Casino Stocks to Buy According to Billionaires. In this article, we are going to take a look at where Boyd Gaming Corporation (NYSE:BYD) stands against the other best casino stocks. The casino industry has rebounded strongly from the COVID-19 pandemic, due to pent-up demand from gamblers and […]