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That means it needed at least 467,000 sales in the fourth quarter to beat BYD's 1.76 million total for 2024. Like its Chinese rival, Tesla ended 2024 with a spree of discounts and deals in an ...
China's top electric vehicle maker BYD gained market share as the world's largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and ...
BYD ended 2024 achieving 4,272,145 sales, a 41.3% increase compared to 2023. [363] [364] In the Chinese domestic market, with 3,718,281 retail sales, BYD is the market leader with a 16.2% share (all vehicles) and 34.1% share in the new energy vehicle category. Plug-in hybrid vehicles contributed about 60% of its wholesale sales in that year.
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 ...
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The BYD brand distinguishes their passenger car line-up under three "series", namely the Dynasty series (started by the BYD Qin in 2012), a line of higher-end vehicles with "dragon-inspired" designs aimed at the traditional mass markets; [2] [3] the Ocean series (started by the BYD Dolphin in 2021), a line of "ocean-themed" vehicles based on new aesthetic designs by Wolfgang Egger and the ...