China EV behemoth BYD’s 2024 revenue passed Tesla’s. Tesla has been the leader in the category for years. BYD’s

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. That figure eclipsed the $97.

The good times are rolling for BYD, the Chinese automaker that is now among the biggest in the world. Here’s why: BYD said Monday that its revenue last year grew to the equivalent of $107 billion, top