The EV giant sold 1.76 million electric cars in 2024, per figures released on Wednesday, putting it within touching distance of beating Tesla.

China’s BYD Co. enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla Inc. as the two vie for the crown of top-selling electric-vehicle maker of 2024.

BYD (OTCPK:BYDDF), the Chinese automotive giant, has sold 514,809 New Energy Vehicles (NEVs) in November 2024, marking the third consecutive month of surpassing the 500,000 mark. This represents a 50.

Tesla rivals BYD, Nio Li Auto, XPeng and Zeekr all reported record December sales. But a price war is intensifying.