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BYD is looking to dominate the electric vehicle market worldwide, and its stock is a lot cheaper than Tesla's. Why China's BYD Company Stock Popped Today Skip to main content
Chinese automaker BYD (1211.HK) has inked a deal with DeepSeek to co-develop new autonomous technology, which could be bad news for automakers like Tesla (TSLA). DeepSeek, the China-based ...
BEIJING/SHANGHAI (Reuters) -China's BYD on Monday started offering advanced autonomous driving features on most of its models including ones priced as low as $9,555, far undercutting competitors ...
Tesla’s China sales fell by 11.5% year-on-year in January, while BYD’s rose by 47.5%, according to data from the China Passenger Car Association, though an earlier Chinese New Year holiday may ...
BYD also attributed its performance to “rapid growth in overseas sales volume” and controlling cost in the supply chain. The company's shares are down 45% from their peak in July 2022.
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 ...
By comparison, Warren Buffett-backed BYD has gone on to eclipse Tesla as industry leader thanks to its range of affordable Chinese-built mass-market EVs that can better compete with Elon Musk's ...
BYD edged past Tesla at the end of 2023 after selling more than 3 million cars, with more than 80% of sales in China. The milestone highlighted BYD’s fast track to the top, as the company grew ...