Chinese EV Behemoth BYD Tops Tesla's Revenue For First Time Since 2022 In Q3 -...

Published on 31 Oct 2024 on Benzinga

Chinese EV Behemoth BYD Tops Tesla's Revenue For First Time Since 2022 In Q3 -...

Chinese EV giant BYD Co Ltd BYDDY BYDDF on Wednesday reported a net profit of $11.6 billion yuan ($1.63 billion) for the third quarter, marking a growth of 11.5% from the corresponding period last year.

What Happened: Operating revenue of BYD rose 24% in the period to 201.12 billion yuan ($28.25 billion), the company said in a filing.

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