Chinese EV giant BYD outpaces Tesla with record-breaking revenue in 2024
The company is aggressively marketing in Europe, launching ad campaigns and showrooms, but faces geopolitical hurdles. EU regulators are investigating alleged unfair subsidies tied to BYD’s Hungary factory, while U.S. tariffs on Chinese imports could impact growth.
The company is aggressively marketing in Europe, launching ad campaigns and showrooms, but faces geopolitical hurdles. EU regulators are investigating alleged unfair subsidies tied to BYD’s Hungary factory, while U.S. tariffs on Chinese imports could impact growth.
