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Technology

BYD Sold More EVs Than Tesla In 2022, Income Skyrockets Over 400%

BYD Tesla Inc. China Autoblog

Tesla isn't the only automaker breaking records and growing by leaps and bounds. Chinese automaker BYD posted record deliveries in 2022, which were also the cause of the company's massive profits that more than quintupled. While Tesla is forcing a price war across the globe, BYD is working to take more of the US company's EV market share.

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