<ul><li>BYD, a Chinese automaker, has crossed the $100 billion revenue mark with its popular affordable electric vehicles in China.</li><li>BYD briefly outsold Tesla as the top seller of electric cars in December 2023.</li><li>BYD started as a cellphone battery manufacturer before moving into the car business in 2003.</li><li>Warren Buffett invested in BYD, and the company's first electric car drew criticism from Elon Musk.</li><li>BYD became a major player in the Chinese automotive market with its hybrid vehicles like the Qin and Tang.</li><li>BYD's recent launch of the Shark, a midsize hybrid pickup truck, aims to compete with Tesla's Cybertruck.</li><li>Although BYD doesn't currently sell cars in the US, it reported record sales in 2024 and crossed $100 billion in revenue.</li><li>BYD's latest hybrid powertrain system on sedans offers a range of up to 1,250 miles without stopping to charge or refuel.</li><li>As BYD continues to innovate and grow, it remains a strong competitor in the global electric vehicle market.</li></ul>

The rise of BYD, the Chinese automaker that outsells Tesla

Discover more