China’s BYD hits over 4.27 million EV sales in 2024, surpasses Tesla in quarterly revenue for the first time
SHANGHAI, CHINA: In the third quarter of 2024 (Q3 2024), Chinese electric vehicle (EV) giant BYD surpassed Tesla in quarterly revenue for the first time. On Wednesday, the company reported record-breaking sales of over 4.27 million (4,272,145) vehicles in 2024, marking a 41.3 per cent increase from 2023’s 3,024,417 units sold.