BYD’s first ultra-luxury electric sedan hit the market on Thursday at an even lower price than expected. The Yangwang U7 packs nearly 1,300 horsepower from four electric motors, is loaded with ...

China’s EV giant BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean ...

BYD said Monday that its revenue last year grew to the equivalent of $107 billion, topping $100 billion for the first time and besting Tesla’s revenue of $97.7 billion for the year. BYD’s ...