The announcement boosted BYD’s stock price by 4.1%, reaching a record high on the Hong Kong Stock Exchange. Investors see the new technology as a major competitive advantage, strengthening BYD’s position against rivals like Tesla, Nio, and Li Auto.

As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.”

India's commerce minister said the government has to be "convinced" BYD will "play by the rules" before the EV maker can expand in its market.

These approaches are two different ways of reaching the same destination, though interestingly, BYD’s battery configuration has better thermal management. Reportedly, Tesla’s offering produces around twice as much heat at a specific load than BYD’s configuration. This difference requires, not surprisingly, around twice as much cooling capacity.

March has seen BYD consolidate its hold on the electric vehicle market in Malaysia, despite having ceded the individual model lead to the hot-selling Proton eMas 7, JPJ registration data shows. The Chinese EV specialists

China’s BYD Co. enjoyed a strong start to 2025, with sales up 58% in the first quarter versus the same period of last year.

BYD passed Tesla in global revenue in 2024, but it still sold fewer actual electric vehicles. Including plug-in hybrids, BYD’s total volume nearly doubled

Another fiscal year and another bold prediction that Tesla’s long-running reign as the global market share leader will end.

For the first consecutive quarter, BYD has surpassed Tesla in EV sales and is on track to snatching the crown in 2025 EV sales for the first time

BYD is taking advantage of Tesla's rough year as the two rivals compete to become the world's largest EV maker.

Tesla faces declining market value amid EV market shifts, Chinese competition, and CEO controversies. Read here for the factors reshaping TSLA stock's future.