BYD, China's largest EV maker, reported record sales of 4.27 million new energy vehicles in 2024, a 41.26% increase from the previous year, driven by strong domestic demand and government incentives. Despite facing increased competition from smaller manufacturers and Tesla, BYD is rapidly closing the gap in battery electric vehicle sales. The Chinese EV market continues to grow, supported by government subsidies and consumer interest in greener technologies, although recent EU tariffs may pose challenges. Teljes cikk (Euronews.com)