Tesla vs BYD: EV Charging Competition Heats Up

electric vehicles

β€’

18 hours ago

Summary

Tesla faces an aging lineup and recalls, while BYD continues to impress with its high-tech range of EVs and hybrids. BYD has surpassed Tesla on revenue, reporting $107 billion in 2024 compared to Tesla's $97.7 billion.

Key Points

  • BYD claims 5-minute charging for its new cars.

  • Tesla faces aging lineup and recalls.

  • BYD surpasses Tesla on revenue.

  • BYD impresses with high-tech range of EVs and hybrids.

Why It Matters

The competition between Tesla and BYD highlights the importance of innovation in the electric vehicle market.

Author

Rebecca Bellan

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