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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Cnbc ^ | March 25, 2025 | Sam Meredith

Posted on 03/28/2025 9:49:43 PM PDT by Cronos

China’s BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.

“BYD has become an industry leader in every sector from batteries, electronics to new energy vehicles, breaking the dominance of foreign brands and reshaping the new landscape of the global market,” Wang Chuanfu, chairman and president of BYD, said in a statement.

The filing comes shortly after BYD announced a new battery technology that it claims can charge EVs almost as quickly as it takes to fill a gasoline car.

Last week, BYD unveiled an ultra-fast charging system that it said was capable of adding 250 miles of range in just five minutes, outpacing Tesla’s charging technology. Tesla’s Superchargers take 15 minutes to charge and provide a range of 200 miles.

In addition, BYD launched an advanced driver-assistance system last month for most of its models at no extra cost. Analysts said the free upgrade of its proprietary “God’s Eye” system increased pressure on Tesla and other Chinese EV makers. In contrast, Tesla’s Full Self-Driving (FSD) service is available to US customers for a $99 monthly subscription or a one-time payment of $8,000

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; China; European Union; Foreign Affairs
KEYWORDS: byd; chat; chatforum; concerntroll; concerntrolling; ev; fakenews; firetraps; mds; redchina; tds; tesla
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1 posted on 03/28/2025 9:49:43 PM PDT by Cronos
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To: Cronos

Good. Let China spontaneously ignite everywhere possible, from their lithium batteries going nuts.


2 posted on 03/28/2025 9:55:10 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Cronos
BYD is building an EV factory bigger than the city of San Francisco.

https://motors.mega.mu/news/byd-hit-100-billion-next-an-ev-factory-bigger-than-san-francisco-20250326.html


3 posted on 03/28/2025 10:02:06 PM PDT by aquila48 (Do not let them make you "care" ! Guilting you i9s how they. control you. )
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To: ConservativeMind

They have used their BYD blade batteries since 2021 globally and no news of any one of them igniting


4 posted on 03/28/2025 10:06:21 PM PDT by Cronos
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To: Cronos

RE: “God’s eye system”

Isn’t that blasphemy from the pagan or atheistic Communists?

Mockery at the least.


5 posted on 03/28/2025 10:07:59 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls. )
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To: Cronos

Ahh the eternal struggle; Elon or Chinese EV’s: who can be the most useless drain on world productive capacity and resources?

I heard a meteor came pretty close the other day. Another one is on the way; we’d like to deflect it, but we spent all our production and resources on building cars that won’t be worth spit in four years, and data centers so Elon and Bill can tell everybody else what you had for breakfast.


6 posted on 03/28/2025 10:24:46 PM PDT by bakeneko
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To: Cronos
They have used their BYD blade batteries since 2021 globally and no news of any one of them igniting

Many news reports of EV cars igniting and burning in China, and many of them are BYD cars. In May 2024 a BYD showroom burned down due to one of their models igniting inside, burned down the entire building including the cars inside.

Seems that BYD EV cars are very dangerous.

7 posted on 03/28/2025 10:45:49 PM PDT by roadcat ( )
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To: Cronos

20 March: Youtube: 7m20s: MGUY AUSTRALIA: BYD’s “5 minute charging” is PURE FANTASY | MGUY Australia
https://www.youtube.com/watch?v=I6-Zc_9crUU


8 posted on 03/28/2025 11:45:05 PM PDT by MAGAthon ( )
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To: Cronos

BYD is a communist run company that also bribes US politicians like Gavin Newsom (CA) and Jeb Bush (FL).
The electric vehicles will not last and the commies will one day pull the plug : ) on the electric madness.


9 posted on 03/28/2025 11:45:39 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: aquila48

Beware of Chinese propaganda. It’s the land of smoke and mirrors.

CC


10 posted on 03/29/2025 12:25:15 AM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: roadcat

Check out “China Uncensored” and “China Fact Chrckers” on youtube. They talk about things going on in China that nobody is talking about. Like the fact that some companies haven’t paid their workers for 6 months, and the workers as reprisal have set the factories on fire.

CC


11 posted on 03/29/2025 12:29:52 AM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: Cronos

Tick Tock

Tick Tock


12 posted on 03/29/2025 12:38:08 AM PDT by linMcHlp
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To: Cronos

But didn’t we decide that we would rather use gasoline cars for the most part?/snark


13 posted on 03/29/2025 2:12:43 AM PDT by Uversabound (Might does not make right, but it does enforce the commonly recognized rights of each succeeding gen)
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To: Celtic Conservative

China Uncensored is pretty much anti-China prop . Those 2 guys loved China until they left and saw the money was with being anti-China .


14 posted on 03/29/2025 3:51:40 AM PDT by sushiman
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To: aquila48

Trump will tariff them out of contention here.
Let me know when BVD is building a battery plant the size of San Francisco inside the USA borders.


15 posted on 03/29/2025 3:54:33 AM PDT by desertsolitaire
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To: ConservativeMind

If you watch any YouTube videos about their cars you will see how poor the quality of construction and materials of these cars is, they not only self immolate at a much higher frequency than Tesla’s, they also fall apert and are severely prone to rust. But hey ya get what ya pay for.


16 posted on 03/29/2025 5:56:49 AM PDT by Mastador1
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To: Cronos

TYhe automobile with the largest sales in the world was the Tesla Model Y


17 posted on 03/29/2025 6:01:49 AM PDT by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: aquila48

People will invest savings or pensions in that complex, like they do with the empty unfinished ghost cities and no one will say anything because that would collapse the whole scam.


18 posted on 03/29/2025 7:07:21 AM PDT by TalBlack (Their god is government. Prepare for a religious war.)
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To: desertsolitaire

“Trump will tariff them out of contention here.”

Actually Biden already did that. He put 100% tariff on chinese EV cars, that’s why you don’t see any of them here.


19 posted on 03/29/2025 7:21:17 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you i9s how they. control you. )
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To: Cronos

And, this is why Teslas are being attacked in the US. Just like with Antifa/BLM, thugs hired locally to commit violence.


20 posted on 03/29/2025 7:23:46 AM PDT by bobbo666
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