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China's BYD surged to a new sales record, challenging Tesla for EV dominance

By Business Insider   |   2 months ago
China's BYD surged to a new sales record, challenging Tesla for EV dominance

BYD challenges Tesla for the top spot in EV sales, reporting record annual sales of 1.76 million battery electric cars in 2024. Tesla's fourth-quarter sales figures will determine who leads the global electric-vehicle market. Both companies have been offering discounts to boost sales.

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