Etiqueta: Tesla

Tesla deliveries fell for 2024, missing Q4 views. BYD's sales continue to surge, seizing the BEV crown. But TSLA stock remains strong.

The title of the worlds largest maker of pure electric cars no longer belongs to Tesla. A fierce competitor has surged ahead, with focus on innovation, this company has outpaced Teslas dominance in the EV market.

Chinese electric vehicle (EV) giant BYD achieved a remarkable milestone, 4.25 million vehicle sales by 41% increase compared to 2023, setting a new record.

The number of electric vehicles (EVs) produced by Chinese new-energy vehicle (NEV) maker BYD surpassed that of US automaker Tesla in 2024, while in terms of EV sales, BYD's gap with Tesla narrowed to within 30,000 units last year, according to freshly-released financial statements by the two companies. The new trend speaks volume for the growing competitiveness of Chinese NEV and its popularity in global markets, which is bolstered by technological advancement and across-the-supply-chain advantage, auto analysts said.

According to both companies' production and sales results for the year 2024, Tesla delivered 495,570 electric vehicles (EVs) during the fourth quarter, while BYD delivered 595,413 units.

BYD's rapid ascent challenges Tesla's reign as the EV leader, but with Tesla's innovation and loyal following, the 2025 showdown for EV supremacy is heating up.

China's booming EV market tips the scales as Tesla fights to keep its crown against BYD's relentless rise.

December once again boasted the strongest month on record with some dizzying figures from automakers, as China’s car retailing maintained its growth trajectory in the past six months.

BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations. Shenzhen-based BYD beat Austin, Texas-based Tesla by more than 20 per cent in terms of deliveries. In the fourth quarter, BYD delivered 595,412 battery electric vehicles (BEVs) to customers, up 13.1 per cent from a year earlier. The company, which counts Warren Buffett's Berkshire Hathaway as a shareholder, a

BYD has only just missed out on the title of the world's largest electric car manufacturer. With 1.76 million electric cars, the Chinese manufacturer is