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"BYD, a Chinese electric vehicle manufacturer, has reported a significant increase in revenue to $107 billion in 2024, surpassing its US rival Tesla. The company's revenue growth was driven by sales of its hybrid vehicles. BYD's chairman and president, Wang Chuanfu, hailed the company's 'rapid development' in 2024, noting that it became the first automaker globally to reach the milestone of rolling out 10 million new energy vehicles. The company has also announced a new battery technology that claims to charge EVs in just 5 minutes."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg80r3ys3p3nm6y8g6qtr266y22vwyg9erjyxz4eaj09amyetdffmgj6l9nl\nhttps://image.cnbcfm.com/api/v1/image/108120793-1742904839394-gettyimages-2206133347-AFP_37MC6F8.jpeg?v=1742904866\u0026w=1920\u0026h=1080\nChina's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.\nhttps://www.cnbc.com/2025/03/25/ev-giant-byd-outpaces-tesla-with-annual-sales-of-over-100-billion.html",
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