Tesla sales stall as China's BYD closes in
China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more than 4.2 million. The surge was powered mainly by sales of its hybrid cars.
Tesla Sales Drop for First Time in Over a Decade While China’s BYD Rises
There does not appear to be an obvious savior on the horizon for Tesla, either. The Cybertruck remains the company’s most identifiable vehicle thanks to its futuristic dumpster vibe, but the company shipped fewer than 50,000 units in 2024 and it seems like the demand for the truck is flattening out or declining.
U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024 ...
Around 1.7 million, or 40%, of BYD’s 2024 sales were battery electric vehicles. BYD’s U.S. rival Tesla, by comparison, ...
BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but ...
Tesla rivals BYD, Nio Li Auto, XPeng and Zeekr all reported record December China EV sales as the price war intensified.
Tesla is still the world's largest electric vehicle maker, though it continues to face intense competition from its Chinese ...
BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of ...
It comes as Tesla is due to announce its own quarterly ... cars with EVs or other more fuel efficient options. BYD sells 90% of its cars in China, where its been extending its lead over foreign ...
Just a day after Elon Musk-owned electric vehicle maker Tesla reported its first-ever decline in annual vehicle sales in 2024 ...
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