BYD Surpasses Tesla in Annual Sales, Cementing Its Position as the EV Leader
China’s electric vehicle (EV) giant BYD has officially taken over the global EV market, with a whopping revenue of 777 billion yuan (U.S. $107 billion) for the year 2024. That makes BYD a step ahead of Elon Musk’s Tesla, with $97.7 billion in revenues. This movement highlights the notorious rise of Chinese EV makers as competition grows for the clean-energy …
