Etiqueta: Sales

Tesla Faces Stiff Competition in China as Sales Drop, BYD Soars! - La Noticia Digital

Two Chinese carmakers have made it to the list of top 10 global automakers in terms of sales in 2024

BYD has made waves in the automotive industry with the announcement of its advanced autonomous driving system, dubbed

Volkswagen's SEAT, the Spanish subsidiary of Europe's largest carmaker, will be forced to cut output and lay off around 1,500 workers if the EU does not lower its tariff on the brand's China-made electric car by the end of March, its CEO told Reuters.

China giant BYD announced on Thursday it is launching its fully electric compact SUV Atto 2 in Europe and the UK.

In the 2024 global automotive sales ranking, BYD ranked fifth in the world with sales of 4.27 million vehicles, while Geely Group entered the top ten with sales of 3.34 million vehicles. This marks the first time that two Chinese independent car manufacturers have entered the global top ten, demonstrating the strong growth and international competitiveness of the Chinese automotive market. With the increasing penetration of new energy and intensified market competition, it is likely that more Chinese car manufacturers will join the global top ten in the future

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! If you’ve been following CleanTechnica closely in recent weeks, you’ve seen a number of stories that cover BYD’s rapid rise in electric vehicle sales and huge share of the EV market. I discussed these ... [continued]

Gaming and hospitality company Boyd Gaming (NYSE:BYD) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 9.1% year on year to $1.04 billion. Its non-GAAP profit of $1.96 per share was 9.3% above analysts’ consensus estimates.

China's BYD will show off driver-assist tech for the masses. Shares are soaring. Tesla stock is at a 2025 low.