Etiqueta: Rising

BYD stock jumped after the Chinese maker of electric vehicles released better-than-expected guidance.

BYD Co Ltd BYDDY has delivered an impressive performance, with its stock surging nearly 70% over the last 12 months. This strong upward move has sparked a debate among investors — is the rally signaling lasting strength, or could it be time for expectations to level off? To get a clearer view, it’s…

Another fiscal year and another bold prediction that Tesla’s long-running reign as the global market share leader will end. As...

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Chinese EV giant BYD is eating Tesla's lunch as its sales soar to record highs and Tesla's fall off a cliff.

It’s the closest race the electric vehicle market has ever seen. In 2024, Tesla held on to its crown as the world’s leading battery electric vehicle (BEV) brand—but just barely. With 1.789.226 units sold, Tesla outpaced China’s BYD by a razor-thin margin of only 24.234 vehicles. That’s a 1% drop…

International Business News: Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad d

China's BYD beats out Tesla in worldwide revenues with $107bn in sales for 2024, as Tesla sees sales plummet in Europe and elsewhere

Key expansion markets include Latin America, Southeast Asia, and the United Kingdom.

Chinese electric vehicle maker BYD plans to double its overseas sales this year as it steps up competition with Elon Musk’s Tesla and other automakers, a top executive said Tuesday.