Hyperdrive
BYD Closing In on Ford Deliveries After Besting Tesla on Revenue
- Chinese carmaker’s output for October was 534,003 vehicles
- Strong hybrids line up is good for consumers still wary of EVs
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Fresh from besting Tesla Inc. on quarterly revenue for the first time as an electric vehicle company, BYD Co. now has legacy automakers in its sight.
The extraordinary sales volumes being pumped out by China’s best-selling car brand means BYD has a shot at beating Ford Motor Co. in annual shipments this year, a milestone that would cement its position as a top 10 automaker globally.