Chinese EV giant BYD beats Tesla in quarterly revenue for first time

Legit | 31-10-2024 01:04am |

Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances. The Shenzhen-based firm's quarterly revenue figure for the first time exceeded that of American EV powerhouse Tesla, which last week posted $25.2 billion in third-quarter revenue.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.