SHANGHAI/BEIJING -
BYD has been on an extraordinary expansion in 2024, growing capacity and undertaking a massive hiring spree to turbocharge revenue, which overtook EV leader Tesla in the third quarter.
Aided by robust sales in China that continued in recent months, BYD is on course to beat its annual sales target of four million vehicles, more than Japan's Honda and Detroit-based Ford in 2024 worldwide sales.
The Chinese EV giant delivered 3.76 million vehicles in the first 11 months this year, including 506,804 units sold in November.
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