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BYD beats Tesla.
The Chinese automaker reports 777 billion yuan ($107 billion) revenue for 2024, comfortably topping Tesla’s $97.7 billion over the same period. The two companies shipped similar numbers of EVs last year, but add in BYD’s hybrids and it delivered more than double the vehicles Tesla did.
Last week the company unveiled car charging tech that’s twice as fast as Tesla’s, delivering 249 miles of range in just five minutes.
BYD Sales Top Tesla as Tech Focus Wins Over Chinese Drivers
[bloomberg.com]
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