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Chinese EV giant BYD posts surging Q3 sales, surpassing Tesla

Beijing: Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances.

The Shenzhen-based firm posted operating revenue of 201.12 billion yuan ($28.24 billion) during the third quarter, a filing at the Hong Kong Stock Exchange showed, surpassing the $25.2 billion in third-quarter revenue announced by Tesla last week.


( Source : AFP )
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