China's BYD closes in on Tesla

BYD closes 2024 on Tesla’s heels
Tesla ’s global EV dominance may soon be coming to an end. Chinese automaker BYD ended 2024 with a bang, recording a massive 4.25 million passenger car sales. Among these, 1.76 million were fully electric vehicles (EVs), a 41% increase from the previous year.
China's BYD closes in on Tesla as sales jump
Chinese car maker BYD saw sales jump at the end of last year, leaving it closer to claiming the title of the world's best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December,
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.
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.
Tesla's China sales hit record high in 2024, bucking global decline
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.
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.
China’s electric-vehicle leader BYD posts record sales in 2024
China’s best-selling car manufacturer BYD sold a record number of electric vehicles and hybrids globally last year, even as fierce competition took hold in its home market. Tesla’s biggest rival sold 4.
Tesla's China sales rise to record high of 83,000 in December
Tesla's electric vehicle sales in the world's largest auto market increased in December by 12.8% from a month earlier to a record high of 83,000 units, according to Tesla China. The U.S. automaker's EV sales in China also logged their best year in 2024 with a 8.
BYD Takes the Global EV Sales Crown From Tesla Again. That’s Not Enough for the Stock, Though.
BYD, China’s largest EV maker, delivered 207,734 all-electric vehicles in December, up about 9% year over year. Tesla delivered just under 496,000 EVs in the fourth quarter. Tesla sold 1.79 million, down about 1%.
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BYD sold 1.76 million electric cars in 2024
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