BYD overtakes Tesla as top NEV earner
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Tesla is no longer the top earner in the new energy vehicle (NEV) market.
On Monday, BYD confirmed its final 2024 earnings data, which put it squarely ahead of Tesla:
BYD’s annual revenue hit USD 107 billion, up 29% y/y.
That’s 9.5% above Tesla’s revenue of USD 97.7 billion, which was up 1.0% y/y.
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