BYD surpasses Tesla in annual revenue for 2024

Chinese electric vehicle (EV) manufacturer BYD has reported impressive annual revenue figures for 2024, surpassing its main competitor, Tesla. The Shenzhen-based company announced that its revenue surged by 29%, reaching an impressive 777 billion yuan (approximately $107 billion or £83 billion). This growth was significantly driven by the robust sales of its hybrid vehicles, allowing … Continue reading BYD surpasses Tesla in annual revenue for 2024