BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
Chinese automaker BYD outpaced its American competitor Tesla in the fourth quarter of 2024, delivering about 600,000 battery-electric vehicles.
Tesla reported a delivery of 495,570 electric vehicles (EVs) during the same period, while BYD's deliveries reached 595,413 units. For the full year, BYD delivered 1.76 million EVs, slightly trailing Tesla, which reached 1.79 million EVs.
Tesla's sales rose by 5% in the fourth quarter, while BYD saw a 13.1% increase. Additionally, BYD's total vehicle deliveries, including plug-in hybrid cars and buses, amounted to 4.27 million units in 2024.
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Tesla delivered 1.64 million vehicles in 2025, down 9%, as BYD becomes the top EV maker.
China's commerce ministry said negotiations with the European Union over a minimum price plan for China-made electric vehicles (EVs)have restarted and would continue into next week, while urging the bloc not to talk independently with manufacturers.
Tesla sales hit a record 497,099 vehicles in Q3 as buyers rushed before the U.S. tax credit expired according to reports. Despite the surge, experts warn the gains may not last amid rising competition.
Porsche (P911_p.DE) saw its shares fall by 7.5% by late morning on Monday after the carmaker scaled back its electric vehicle rollout and lowered its forecast, following a costly strategic reversal driven by weak demand.
In an exclusive interview with AnewZ, Iran’s Deputy Foreign Minister Kazem Gharibabadi said the Islamic Republic is "not targeting neighbouring countries," amid reports of drone strikes on Nakhchivan International Airport on Thursday (5 March).
Trump tells Axios he wants direct involvement in who takes over as Iran's next leader, rejecting Khamenei's son as "unacceptable" and citing the need for a figure who can bring "peace and harmony".
Officials in Azerbaijan have said they have stopped terror attacks in Azerbaijan including on an Israeli Embassy, the Baku-Tbilisi-Ceyhan pipeline and a Synagogue. Tensions between regional and global powers escalate. Military activity, security alerts and travel disruptions continue.
Türkiye and Iran’s foreign ministers spoke by phone after reports that a ballistic missile entered Turkish airspace, with Tehran denying responsibility and insisting its recent strikes targeted only U.S. and Israeli facilities.
China has called on Afghanistan and Pakistan to resolve their growing border dispute through dialogue and diplomatic channels, as clashes between their security forces entered a seventh day and left more than 160 people dead or injured, according to the United Nations.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
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