BYD Solidifies Global EV Leadership with Record Sales and Revolutionary Technology
The Chinese automaker surpassed Tesla in sales, announced groundbreaking innovations, and aims to deliver 5.5 million vehicles in 2025 despite geopolitical hurdles.
- 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.