Reported 3 days ago
BYD, China's leading electric vehicle manufacturer, is on track to exceed its annual sales target of 4 million vehicles in 2024, potentially outpacing competitors Ford and Honda. The company has experienced significant growth, having sold 3.76 million vehicles in the first 11 months of this year, aided by a surge in sales in China's automotive market. BYD's market share in China has risen to 17.1%, up from 12.5% last year, positioning it to reach sales figures comparable to industry giants like General Motors and Stellantis by 2025.
Source: YAHOO