Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion

Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.

Mar 25, 2025 - 21:00
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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.