China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
The world’s largest electric vehicle maker is becoming a force in the global auto market. BYD confirmed it’s on
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.
Chinese EV-making giant BYD has now rival Tesla twice in quarterly battery electric vehicle sales in the past two years.
Investors in young EV start-ups, such as Rivian and Lucid, should be terrified of some recent numbers from Japan. In a groundbreaking victory, Chinese juggernaut EV maker BYD ( BYDDY 2.01%) officially outsold Japanese carmaker Toyota with EVs in the latter's homeland during 2024.
Watch this explainer from Wendover Productions to dig into just how BYD became the behemoth it is, and how Volkswagen rested on its laurels a bit too long. VW was the first foreign automaker to produce vehicles in China way back in 1983 and it has long billed China as its biggest and most reliable market, but that era is over. BYD killed it.
Discover if Tesla, Inc.'s first-mover advantage still holds true in today's market using the Stackelberg model and evaluate its valuation. Click for my TSLA update.
Elon Musk's Tesla has joined forces with three leading Chinese automakers—BYD, SAIC, and Geely—in filing a lawsuit against the EU.
China's BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on Friday, as it aims to expand its lineup in the country to seven or eight models over the next two years or so.
Analyst Eunice Lee of Bernstein reiterated a Buy rating on BYD ... The company has established itself as a leader in the electric vehicle (EV) manufacturing sector, surpassing Tesla in overall ...