Tuesday 1 April 2025 07:09 GMT

Chinese BEV Maker BYD Surpasses Tesla In Sales


(MENAFN- Investor Brand Network) Chinese battery electric vehicle (BEV) manufacturer BYD has once again outpaced Tesla in global electric vehicle sales. A recent financial report from the Shenzhen-based automaker revealed that BYD's revenue surged by 29% in 2024, reaching an impressive $14.8 billion-eclipsing Tesla's reported revenue of $13.5 billion for the same period.

Other players in the industry, such as Mullen Automotive Inc. (NASDAQ: MULN) , can learn from BYD's rise that there is no limit to how far a...

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NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company's newsroom at

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