Tesla's Chinese Rival BYD Outshines Elon Musk's EV Giant In Quarterly Revenue For First Time Since 2022 Amid Hybrid Sales Surge
Tesla's Chinese Rival BYD Outshines Elon Musk's EV Giant In Quarterly Revenue For First Time Since 2022 Amid Hybrid Sales Surge
BYD, however, sells plug-in hybrids in addition to battery electric vehicles. Tesla, on the other hand, sells only battery-powered electric vehicles. Chinese EV giant BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) on Wednesday reported a net profit of $11.6 billion yuan ($1.63 billion) for the third quarter, marking a growth of 11.5% from the corresponding period last year.
中國新能源車巨頭比亞迪有限公司(場外交易:比亞迪)於週三公佈，第三季度淨利潤達到116億人民幣(16.3億美元)，較去年同期增長11.5%。
What Happened: Operating revenue of BYD rose 24% in the period to 201.12 billion yuan ($28.25 billion), the company said in a filing.
據公司提交的文件顯示，比亞迪的營業收入在該時期上漲了24%，達到2011.2億人民幣(282.5億美元)。
BYD's American rival Tesla Inc (NASDAQ:TSLA) reported a total revenue of only $25.18 billion in the same quarter, making this the first time since 2022 that BYD has trumped Elon Musk's EV giant in quarterly revenue. BYD stopped making combustion engine vehicles in March 2022 to focus on electric vehicles.
比亞迪的美國競爭對手特斯拉股份有限公司(納斯達克:TSLA)在同一季度僅報告總收入爲251.8億美元，這是自2022年以來比亞迪首次在季度營業收入上擊敗埃隆·馬斯克的新能源車巨頭。比亞迪於2022年3月停止生產燃油車，專注於電動車。
BYD, however, sells plug-in hybrids in addition to battery electric vehicles. Tesla, on the other hand, sells only battery-powered electric vehicles.
然而，比亞迪除了銷售電池電動車外，還銷售插電混合動力車。另一方面，特斯拉僅銷售電池動力電動車。
BYD sold 1.13 million vehicles worldwide in the third quarter with BEVs accounting for 443,426 of it. Tesla, however, trumped BYD in battery electric vehicle sales with 462,890 units delivered in the period.
比亞迪在第三季度全球銷售了113萬輛車，其中純電動車佔其中的443,426輛。然而，特斯拉在該時期交付的電池電動車銷量爲462,890輛，超過了比亞迪。
Why It Matters: In the last quarter of 2023, BYD had trumped Tesla in BEV sales and its revenue for the period closed in on Tesla's but missed narrowly. The American EV giant reclaimed the title of the world's best-selling BEV maker in the first quarter of 2024 and has been holding on to it since.
爲什麼重要:2023年最後一個季度，比亞迪在純電動車銷量上擊敗了特斯拉，其該時期的營收接近特斯拉，但仍稍遜一籌。2024年第一季度，美國新能源車巨頭重新奪回了全球最暢銷純電動車製造商的稱號，並一直保持至今。
Despite reporting higher revenue than Tesla in the third quarter, BYD's net profit continues to trail behind Tesla's net income of $2.167 billion. The company reported a diluted earnings per share of 4 yuan (56 cents) for the quarter, lower than Tesla's adjusted earnings per share of 72 cents.
儘管第三季度收入高於特斯拉，但比亞迪的淨利潤仍落後於特斯拉的淨利潤達21.67億美元。公司公佈該季度調整後每股收益爲4元(56美分)，低於特斯拉的調整後每股收益72美分。
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