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One electric-vehicle challenge Elon Musk saw coming in his rear-view mirror has just edged past him. On Wednesday, BYD clocked quarterly sales that handily beat Tesla. The next worry is that his Chinese rival will keep pulling further ahead.

BYD's top line was neck and neck with Tesla's in last year's fourth quarter. But it powered ahead in the latest results, with a record 201 billion yuan ($28 billion) in revenue in the three months to the end of September, some $3 billion more than its U.S. rival's.

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[-] thatsnothowyoudoit@lemmy.ca 7 points 1 day ago

Got a chance to ride in a BYD EV this summer. Impressive vehicle, doubly so for the price.

this post was submitted on 31 Oct 2024
27 points (84.6% liked)

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