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BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.
China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up ...
More than half of the cars sold in China last year were equipped with advanced driver assistance tech, according to data ...
China retaliated by slapping a 34% tariff on all goods imported from the US. The seismic trade taxes are poised to boost BYD’s business at the expense of Tesla, according to Wedbush analyst Dan ...
BYD is the clear leader in China’s EV sector ... Its overall sales fell 9%, while its core business of selling cars fell 20%. Net income, the strictest definition of its profitability, plunged ...
In the first two weeks of April, BYD registered 98,500 vehicles in China. The company, which sold 4.3 million vehicles in 2024, is targeting approximately 5.5 million deliveries this year.
BYD sold over 4.2 million vehicles globally last year, with more than 90% of them in China. Sales of Denza - once a 50:50 joint venture with Mercedes and now fully owned by BYD - accounted for ...
Shanghai, China (CNN) — Chinese electric vehicle giant BYD has already beaten out long ... Its overall sales fell 9%, while its core business of selling cars fell 20%. Net income, the strictest ...