Chinese electric carmaker BYD posts record sales quarter to contend with Tesla at own EV game

China’s leading electric vehicle manufacturer, BYD, reported a record-breaking quarterly profit on Monday, selling 526,409 fully electric vehicles in the fourth quarter, reaffirming its robust position in the highly competitive high-tech sector, where it faces both local and international rivals. The Shenzhen-headquartered company recorded a profit of 10.4 billion yuan ($1.42 billion) for the third … Continue reading Chinese electric carmaker BYD posts record sales quarter to contend with Tesla at own EV game