The company recorded sales of 2 billion (99.29 billion euros) last year last year, exceeding $ 97.7 billion (90.49 billion euros) announced by Tesla during the same period.
Benoit Tessier
Chinese electric vehicle manufacturer byd exceeds American rival Tesla in 2024, a record high of 99.29 billion euros, 29% with 2023.
Established in recent years as the leader of the Chinese electric vehicle market, the company recorded sales of $ 107.2 billion (99.29 billion euros) last year, while Tesla crossed $ 97.7 billion (90.49 billion euros).
BYD (Build Your Dreams), which has headquarters in Shenzhen (South China), is also located in international markets, in Europe, where it has launched major communication campaigns, especially the Euro 2024 football and opening up more dealers.
In recent weeks, the US brand is experiencing the consequences of Elon Musk’s involvement in the recent weeks, while the Chinese giant has recorded a net income of $ 5.55 billion (5.14 billion euros), 34% higher than 2023, according to documents published on the Shenzhen stock site.
The data comes after revealing the new battery technology, which allows for ultra -rear charging and stimulated its shares in Hong Kong.
The company provides a new loading system
The company has demonstrated a new charging system called “Super E-Platform”, which allows the cars to return to 470 km autonomy after connecting it to the current for just five minutes.
These chargers provide a maximum power of 1,000 kilowatts compared to 500 kilowatts in Tesla’s ‘Superchargers’.
The purpose of this new technology is “basically reducing consumer concerns about charging,” the company’s founder Wang Chuwanfu said at the beginning of the new battery.
“Our goal is to ensure that the loading time of electric vehicles is less than internal combustion vehicles,” he said.
Sales in February rose 161%
The company, based in Shenzhen, has revealed plans to build more than 4,000 ultra -rear loading stations in China. This expansion follows Exponential growth, February sales rose 161% to 318,000 vehicles.
However, Tesla recorded a 49% decline in sales in the Chinese market during the same period.
In the entire year, the global sales of the global construction company declined from 1%to 1.79 million for the first time in its history.
In January, the Chinese group announced that it had sold about 4.3 million vehicles, which indicative of an increase of 40% compared to the previous year.
Geographical political and commercial tensions bring problems
Geographical political and commercial tensions in the event of Trump administration threats, however, that Beijing has benefited from financial injections in this field complicates the work of the giant.
Chinese electric cars sold in Europe are subject to the Surcharge introduced by the European Commission to replace Chinese concessions.
The group should start producing electric cars at the first European factory in Hungary in late 2025.
The factory is targeted by the European Commission for Chinese concessions, the press said.
BYD “unknown” about the investigation into the matter, and in an interview on the 20th, AFP Vice President Stella Li assured him.
