BYD sales pass $100 billion, topping Tesla

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Sales of BYD last year surpassed $100 billion, leapfrogging rival Tesla, as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.

The Chinese EV maker’s net profit rose 34% to 40.3 billion yuan ($5.6 billion), beating analysts’ estimates for a gain of 39.5 billion yuan.

The recent slump in Tesla shares has been attributed in part to growing public unease over the role Elon Musk is playing as President Donald Trump’s chief cheerleader and cost-cutter.

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Article Details

Category: EconomyBusiness

Markets: ThailandAustraliaChinaHong KongSingapore

Topics: Yuan Billion Vehicles Market Sales Tesla Million Last Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 18:55:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 753 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27323049

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