Chinese EV giant BYD overtakes Tesla with annual sales topping $100 billion US

Mar 25, 2025 - 13:00
Chinese EV giant BYD overtakes Tesla with annual sales topping $100 billion US
The BYD EV cars are displayed at the 46th Bangkok International Motor Show in Bangkok, Thailand, March 24, 2025.

Tesla's Chinese competitor BYD recorded a 73 per cent jump in fourth-quarter profit on Monday and said its annual revenue for 2024 crossed the $100 billion US mark, surpassing the U.S. automaker.