BYD’s annual sales top $100bn for first time
Chinese electric vehicle company has benefited from rising demand for plug-in hybrids in its domestic market
Read more at Financial Times
Topics
-
Chinese electric carmaker BYD sales beat Tesla
The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.BBC News - 1d -
BYD shares rise as Chinese EV maker unveils 5-minute charge
Shares of BYD, the world’s largest electric-vehicle maker by deliveries, rose on Tuesday after the Chinese company said it’s rolling out a system that will recharge a vehicle in about the same time ...MarketWatch - Mar. 18 -
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.NBC News - 17h -
Tesla sales fall by 49% in Europe even as the electric vehicle market grows
European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grewABC News - 21h -
Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links
US carmaker’s European market share falls as Chinese rival BYD overtakes it on global revenue, topping $100bn. Business live – latest updates Sales of new Tesla cars slumped in Europe last ...The Guardian - 1d -
Chinese EV maker BYD says new fast-charging system could be as quick as filling up a tank
BYD reveals new platform with charging speeds of 1,000 kW, which would be twice as fast as Tesla’s superchargers. Chinese electric vehicle (EV) maker BYD has unveiled a new charging system that it ...The Guardian - Mar. 18 -
BYD’s 5-minute charge: is time running out for electric-vehicle rivals?
Chinese carmaker’s second shock announcement of the year could put others out of business, say analystsFinancial Times - 6d -
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.CNBC - 20h -
BYD shares hit record high on 5-minute EV charging claims
Chinese electric vehicle maker says new models can compete with refuelling times for petrol carsFinancial Times - Mar. 18
More from Financial Times
-
Rachel Reeves makes additional welfare cuts to close UK’s fiscal hole
Chancellor forced to find more savings after watchdog doubts £5bn costingFinancial Times - 2h -
UK inflation slows more than expected to 2.8%
Fall in clothing prices drives decline but services inflation holds at 5% in FebruaryFinancial Times - 1h -
UK inflation slows more than expected to 2.8%
Fall in clothing prices drives decline but services inflation holds at 5% in FebruaryFinancial Times - 1h -
What to expect in today’s Spring Statement
Rachel Reeves prepares to outline spending cuts and plans to shore up the nation’s financesFinancial Times - 4h -
Rising debt and spending demands: the squeeze on Britain’s finances — in charts
UK gross government debt rose from 85.7% of GDP in 2019 to 101.8% in 2024Financial Times - 6h
More in Business
-
Starbucks Just Started Doing Something So Smart Every Company Should Pay Attention
Sometimes it doesn’t take much to make a connection.Inc. - 28m -
Why AI and Remote Work Are Two Sides of the Same Broken Coin
At a recent SXSW panel, experts took a deep dive into how collaboration really happens at work, and how outdated ideas are stifling the benefits of AI and remote work arrangements.Inc. - 39m -
DOGE-Driven Job Applicant Boom Prompts Spike in AI Use by Recruiters
Hiring managers are relying on AI to sort thousands of applications as tech layoffs and restructuring of the federal government leave many skilled, specialized federal workers jobless.Inc. - 39m -
UK inflation slows more than expected to 2.8%
Fall in clothing prices drives decline but services inflation holds at 5% in FebruaryFinancial Times - 1h -
UK inflation slows more than expected to 2.8%
Fall in clothing prices drives decline but services inflation holds at 5% in FebruaryFinancial Times - 1h