Chinese EV Maker BYD Edges Closer To Ford's Sales Volume After Beating Tesla In Revenue Race

Quick Summary:

If BYD’s 2024 sales were to increase by 36% through the end of the year, its sales would cross over 4 million.Ford sold just 4.4 million vehicles to dealerships across the world in 2023.

What Happened: BYD has sold over 3.25 million vehicles since the start of this year as of the end of October, marking a growth of about 36% from the corresponding period last year.

Chinese EV maker BYD Co Ltd (OTC:BYDDY) is closing in fast on Michigan-based Ford Motor Co‘s (NYSE:F) global sales despite the former not manufacturing combustion engine vehicles.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: EVs Equities Tech Benzinga Mobility Electric vehicles BYDDY BYDDF US3453708600 News Markets F

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 11:35:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23513660

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