BYD surpasses Tesla in quarterly revenues for the first time!
China’s leading electric vehicle manufacturer, BYD, has broken records with its latest financial results! In Q3, the company posted 201.12 billion yuan ($28.24 billion) in revenue, a 24% year-on-year increase, beating Tesla’s Q3 revenue of $25.2 billion.
To top it off, BYD set a new monthly sales record in September, showcasing the strong momentum behind China’s bestselling EV maker.