Toyota’s luxury EV strategy challenges BYD’s dominance in China’s auto market, igniting a fierce competition in the world’s largest and most vibrant EV sector.

BYD Auto, China's electric vehicle (EV) king, was the world's biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla's sales for the period fell short of expectations. Shenzhen-based BYD beat Austin,

BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but

A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands.

Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals.

BYD, Nio, Xpeng, Li Auto, Stellantis-backed Leapmotor and Geely’s Zeekr all delivered record numbers of EVs last month.

China EV sales: Tesla rivals BYD, Nio Li Auto, XPeng and Zeekr all reported record December sales. But a price war is intensifying.

A fter years on top of the global electric vehicle market, Tesla lost the title of world’s largest EV producer to Chinese powerhouse BYD. In 2024, Tesla made 1,774,442 electric

BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla’s sales for the period fell short of expectations. Shenzhen-based BYD beat Austin,

Tesla posted its first annual sales drop in more than a dozen years, undercutting a stock that has soared since Donald Trump’s victory on optimism Elon Musk’s close relationship to the president-elect will help the company.

And will a merger with Honda make the difference?