• Buffalox@lemmy.world
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      4 days ago

      In numbers it’s very close on BEV, But you are correct Tesla still has a small lead on BEV numbers, and probably a lot bigger on value.
      On total revenue the article is a bit stupid, because it writes the revenue for BYD in £ and for Tesla in $.

      This article has it in USD:
      https://www.btimesonline.com/articles/173427/20250324/byd-surpasses-tesla-with-record-107-billion-revenue-34-profit-jump-in-2024.htm
      BYD = 777.1 billion yuan ( $107.2bn )
      Tesla = $97.7bn

      So BYD is bigger on total revenue, and total cars sold, and also EV if hybrid plugin is counted too.
      The article I link also states the company as registered at Shenzhen stock exchange which is correct, while OP article says Hong Kong which is incorrect.

      Anyways, Tesla is dropping like a rock in Europe and China, while BYD is just starting on the European market, and had 34% increase in profits in 2024.

      I’m not a particular fan of BYD cars myself, and nobody in my neighborhood wants a Chinese car, but they seem to be doing extremely well as a company, and they are definitely helping the prices getting better here. 😀