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HomeTechnology & InnovationBYD almost surpasses Tesla’s EV sales in Q3 2024

BYD almost surpasses Tesla’s EV sales in Q3 2024


On 30 October 2024, Chinese new energy vehicle (NEV) brand BYD reported its Q3 2024 results. The automaker noted record performance across a number of metrics: revenue reached an all-time high of CN¥201.12bn (US$28.26bn), besting the previous quarter by 14.16% and increasing 24.04% year-on-year. Likewise, net income hit a record of CN¥11.61bn, a 28.08% improvement against the second quarter and 11.47% in Q3 2023.



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