BYD sells record half a million plug-in cars in October, outpaces Tesla Q3 sales
BYD, a Chinese automaker, reported a 24% increase in revenue in Q3, surpassing Tesla. The company achieved record sales in October, driven by strong demand for hybrids. BYD reached the half-million milestone earlier than expected, while Western manufacturers like Volkswagen are struggling in the Chinese market. BYD’s plug-in hybrids had strong demand, with some models…