China's BYD sells over 500K EVs in December, record annual sales
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Chinese automaker BYD Co. (1211.HK, BYDDF) has shattered its 2024 sales targets, delivering 4.27 million electric vehicles — a 41.3% leap from 2023. The company also hit a monthly sales record in December, posting 514,809 units sold.
Morning Brief anchors Seana Smith and Brad Smith analyze the factors propelling BYD's market expansion against rising rivals in the Chinese auto market like Tesla (TSLA).
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
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