Overview

• BYD reported record revenue of $107 billion in 2024, delivering 4.27 million vehicles globally and surpassing Tesla in sales and revenue.
• The company unveiled a fast-charging technology capable of adding 250 miles of range in five minutes, outpacing Tesla’s Superchargers.
• BYD introduced the 'God’s Eye' advanced driver-assistance system, included at no extra cost for most vehicles, enhancing its competitive edge.
• Plans for 2025 include a 30% increase in shipments, targeting 5.5 million global deliveries, with nearly 1 million aimed at overseas markets.
• Geopolitical challenges persist, with U.S. tariffs restricting market entry and European investigations into subsidies creating regulatory uncertainty.