With a turnover of over $ 100 billion and a large expansion in foreign markets, the Chinese giant BYD is active in electric car production (also batteries, buses and electrical trains). The American House exceeds a strong period of difficulty with the value of the highest actions and the collapse of sales.
According to the latest data published by the research platform JATO Dynamics, Tesla battery electric vehicles fell by an average of 44 percent in the United Kingdom, Norway and Switzerland to the 25 markets of the European Union. Tesla market share has decreased to the lowest value of the last five years and the lowest value of the last five years. At the same time, the Chinese brand continues to impose itself and makes China increasingly dominant in the world of electrical mobility.
Registration numbers and Super Eldoce Charging by BYD
In detail, according to those conveyed by the Shenzhen -based company, the group closed 2024 with a turnover of 777.1 billion Yuan (107.2 billion dollars) and announced Tesla, which exceeded 97.7 billion, in the same period. The net profit was 40.25 billion Yuan (5.55 billion dollars).
The growth of the group leads to a powerful technological innovation that allows the creation of an extremely fast electrical charging system: Tesla is about 400 kilometers in just 5 minutes across 270 kilometers in the quarter of the Super Screening System. According to BYD, the new charging system will be available in April at the new Han L and SUV Tang L Sedan as of April.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
