BYD on Track to Exceed 2024 Sales Targets, Outpacing Ford and Honda

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BYD on Track to Exceed 2024 Sales Targets, Outpacing Ford and Honda

Forex - China's largest electric vehicle manufacturer BYD is preparing to further increase its market share as the November vehicle sales data is released, exceeding its annual targets and surpassing Ford and Honda in global sales.
BYD has demonstrated extraordinary growth this year, ramping up its capacity and engaging in a major hiring frenzy to boost its revenues, surpassing electric vehicle leader Tesla in the third quarter.
With the help of strong sales in recent months in China, BYD is on track to exceed its annual target of 4 million vehicle sales and to surpass Japanese Honda and Detroit-based Ford in global sales in 2024.
The Chinese electric vehicle giant delivered 3.76 million vehicles in the first 11 months of this year, including 506,804 units sold in November.