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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.
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.
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 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.
China's BYD closes in on Tesla as sales jump
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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.
2h
on MSN
Watch Tesla rival BYD's electric supercar 'jump' over a pothole at speed
The Tesla rival launched its first supercar, the Yangwang U9, last year, and has shown off its ability to "jump" over ...
6d
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
Around 1.7 million, or 40%, of BYD’s 2024 sales were battery electric vehicles. BYD’s U.S. rival Tesla, by comparison, ...
18h
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 ...
Electrek
5d
BYD’s year-end sales surge fuels a record 2024, but was it enough for the global EV lead?
BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but ...
Digi Times
2d
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 ...
5d
BYD Takes the Global EV Sales Crown From Tesla. NIO Stock Is the Big Winner.
BYD, China’s largest EV maker, delivered 207,734 all-electric vehicles in December, up about 9% year over year. Tesla ...
Paul Tan
5d
BYD Sealion 7 vs Tesla Model Y in Malaysia – we compare both electric SUVs to see how they stack up
BYD and Tesla are currently engaged in a war to attract electric vehicle (EV) buyers in Malaysia, and the first battle saw ...
10h
China's BYD says 5,000 NEVs set sail for Europe
Chinese carmaker BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound ...
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