Etiqueta: Tesla

BYD just launched its new Tesla Model 3-sized electric sedan but at about half the cost. The sleek new Qin...

The Chinese EV maker topped Tesla in total revenue last year as it builds its home-market lead

China's BYD has announced their new autonomous driving system. Dubbed "God's Eye", the company is fast becoming a competitor of Tesla

China’s BYD beat estimates after sales topped the $100 billion mark for the first time last year. Even with lower-priced...

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The Chinese EV giant beat Tesla in revenue, unveiled breakthrough tech, and is gearing up for global domination.

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.That figure eclipsed the $97.7 billion in revenue last year announced previously by Tesla.

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'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.

Results come after Tesla’s EV rival announces five-minute charging system