Business

BYD Achieves Record-Breaking 41.26% Sales Surge in 2024

BYD's Remarkable Sales Growth in 2024

In an impressive display of growth, BYD Auto Co., Ltd., a leading competitor to Tesla Inc. from China, announced a staggering 41.26% increase in new energy vehicle (NEV) sales for the year 2024, totaling 4.27 million units.

December Sales Highlight Continued Success

Adding to the year's success, December saw BYD sell 514,809 NEVs, marking the third consecutive month that the company's monthly sales exceeded the 500,000 unit milestone. This consistent performance underscores BYD's growing influence in the global electric vehicle market.