BYD beats Tesla for a second straight year after producing more than 3 million cars in 2023
Publishing timestamp: 2024-01-02 09:15:04
Summary
Chinese electric car giant BYD produced over 3 million new energy vehicles in 2023, surpassing Tesla's production for the second consecutive year. However, BYD's annual sales slightly missed expectations. Other Chinese electric car companies, such as Xiaomi, Li Auto, Xpeng, Aito, Zeekr, Nio, Nezha, and Aion, are also making strides in the market and expanding overseas.
Sentiment: NEUTRAL
Tickers: 1810-HK, 2015-HK, P911-DE, ZE594-CN, TSLA, 9868-HK, 175-HK, XPEV, 9866-HK, NIO, LI,
Keywords: autos, business news, elon musk, byd co ltd, nio inc, li auto inc, china, porsche ag, climate, xpeng inc, tesla inc, beijing, stock markets, xiaomi corp, market insider, environment, geely automobile holdings ltd, markets,
Source: https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html