Tesla, the longtime top EV maker in the world, is now No.2. Chinese automaker BYD produced roughly 4,500 more EVs than Tesla did in 2024. Tesla still had the slight edge in annual EV sales, delivering 1.
BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but
GSI has signed contracts with BYD to build two PCTCs of this type. This is the first one delivered, said the statement. After being put into operation, it will enhance the guarantee capability of China's domestic automobile export transportation, it said.
BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations. Shenzhen-based BYD beat Austin,
Tesla rivals BYD, Nio Li Auto, XPeng and Zeekr all reported record December China EV sales as the price war intensified.
A task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals it said were working in “slavery-like” conditions at the site.
BYD, Nio, Xpeng, Li Auto, Stellantis-backed Leapmotor and Geely’s Zeekr all delivered record numbers of EVs last month.
Authorities rescued 163 workers living in inhumane conditions, prompting BYD to sever ties with its construction partner.
Chinese EV maker enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year. Read more at straitstimes.com.
Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals.
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.
U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.