Chinese electric vehicle maker BYD surpassed its sales target by nearly 20% in 2024 and aims to maintain its upward sales trajectory through price cuts this year.
BYD's EV sales jumped 41% year-over-year to nearly 4.3 million units last year, with December sales alone reaching 514,800 units, the carmaker announced. The full-year sales target was around 3.6 million vehicles, and actual sales exceeded that goal by 19%.
The company has initiated new price cuts to boost car sales at the start of 2025. Buyers of Qin PLUS EV . . .
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