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SHENZHEN – Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100-billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. The Shenzhen-based firm has emerged in recent years as the clear leader in China’s highly competitive EV market, which is the largest in the world. It
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Chinese EV giant BYD posts record 2024 revenue
SHENZHEN – Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100-billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. The Shenzhen-based firm has emerged in recent years as the clear leader in China’s highly competitive EV market, which is the largest in the world. It