Etiqueta: US

BYD (BYDDF) faces near-term uncertainties from the potential subsidy cuts and sluggish macroeconomic growth. Read why I upgrade the stock from hold to buy.

BYD Company defied EV sector weakness in 2024 with strong fundamentals & market multiples indicating it's not overvalued.

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.

Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals.

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

In the fourth quarter, BYD beat Tesla by more than 20 per cent in terms of deliveries.

BYD reports record sales of 1.76 million EVs in 2024, intensifying competition with Tesla for the top spot in the global EV market.

BRAND HEALTH CHECK: After outpacing Tesla in revenue and smashing sales records in 2024, China's EV powerhouse faces its biggest challenge yet. With the EU slamming on 45% tariffs and the U.S. market locked down, can BYD jump-start its global ambitions, or will trade barriers force a power-down?

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! I just wrote about BYD’s 2024 passenger vehicle sales and highlighted trends going back two years via various charts. However, BYD also produces large commercial electric vehicles — electric buses, heavy-duty electric trucks, and ... [continued]

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The world’s top two electric vehicle companies, BYD and Tesla, just released their latest annual sales figures, and they make some really interesting reading. Tesla leads the way in terms of battery electric vehicle ... [continued]