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Tesla, BYD
China's BYD surged to a new sales record, challenging Tesla for EV dominance
The EV giant sold 1.76 million electric cars in 2024, per figures released on Wednesday, putting it within touching distance of beating Tesla.
Tesla’s streak ends: EV sales decline for the first time in over a decade
Tesla’s main rival, the Chinese automaker BYD, surged ahead in 2024 with 4.25 million passenger car sales, including 1.76 million fully electric vehicles. BYD’s annual EV sales rose by 41% compared to 2023, fueled by robust government subsidies and additional buyer incentives.
BYD Takes the Global EV Sales Crown From Tesla. NIO Stock Is the Big Winner.
Chinese electric-vehicle growth continued in December, with BYD set to take the crown of largest seller from Tesla for the second time. Growth alone, however, wasn’t enough to give all the Chinese EV stocks a boost.
BYD Chalks Up New Record as It Narrows EV Sales Gap With Tesla
China’s BYD Co. enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla Inc. as the two vie for the crown of top-selling electric-vehicle maker of 2024.
Tesla sales stall as China's BYD closes in
China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more than 4.2 million. The surge was powered mainly by sales of its hybrid cars.
Tesla posted record China sales in 2024. But this year is going to be rough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.
Trouble for Tesla? EV sales drop for the first time in a decade
After years of uninterrupted growth, Tesla's sales have finally dipped, marking the first decline in the EV market in over a decade.
Tesla US sales dropped by as much as 5% despite record incentives and Cybertruck
A new estimate put Tesla’s US sales down by 5% in 2024 compared to the prior year despite the automaker offering record discounts, incentives, and the addition of the Cybertruck to its lineup. Following Tesla’s production and delivery results for Q4 and the full-year 2024,
Tesla achieves record China sales, but faces a tougher road ahead
Tesla, the US electric vehicle giant, celebrated record sales in China in 2024, but analysts warn that sustaining this performance in 2025 could prove challenging as competition with domestic players intensifies.
5d
on MSN
After BYD’s bumper December, here’s how many cars Tesla must sell to keep its crown as the world’s top EV seller
BYD is closing in on Tesla after a record December closed off a good 2024 for the Chinese EV giant. The company sold 4.25 ...
8h
on MSN
Tesla just posted its worst numbers in over a decade, here's why investors aren't worried
The Tesla rollercoaster continues as after exciting product launches and a stock surge post-election, the EV maker is now ...
Digi Times
1d
Tesla vs. BYD: close in BEV Sales, yet an unbridgeable gap remains?
The intense rivalry between BYD and Tesla in the realm of pure electric vehicles (BEVs) has garnered significant global ...
3d
Tesla Vs. BYD: Tesla Deliveries Fall In 2024; Rival Seizes BEV Crown
Tesla deliveries fell for 2024, missing Q4 views. BYD's sales continue to surge, seizing the BEV crown. But TSLA stock ...
22h
Girl's horror burns behind Temu recall, BYD overtakes Tesla, extreme heat set to near 50C
The recall of a Temu jumper popular with children was triggered by a girl's horrific burns after the item set alight. The ...
4d
on MSN
As Tesla flags, its hungry Chinese rivals are having a great week
Tesla is still the world's largest electric vehicle maker, though it continues to face intense competition from its Chinese ...
4d
BYD's fourth-quarter output surpasses Tesla as world's largest maker of pure electric cars
BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of ...
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