April 21, 2025

Chinese EV maker BYD’s quarterly revenue outperforms Tesla for the first time

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Chinese EV manufacturer BYD released its revenue report for Q3 2024 to beat out Tesla. This is the first time it has achieved this feat in a competitive EV market. BYD reported revenue of 201.1 billion yuan (about $28.2 billion), which was significantly more than Tesla’s $25.2 billion. It’s the first time the Beijing-based EV

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