News

BYD sales surge amidst growing EV competition

Published

2 years ago

April 2, 2024

Ahron Young

BYD, the Warren Buffett-backed carmaker, has reported a significant jump in sales, positioning itself as a formidable competitor to Western electric vehicle makers.

In the first quarter of this year, BYD sold 626,263 new-energy vehicles, comprising both EVs and plug-ins, marking a 13% increase from the previous year.

This surge in sales was particularly pronounced in March, with a remarkable 46% increase following a slight dip in the preceding two months.

At the end of 2023, BYD surpassed Tesla as the world’s largest seller of electric vehicles on a quarterly basis, underscoring its growing influence in the EV market.

Investors are closely monitoring BYD’s performance, especially in comparison to Tesla, which has long dominated the EV space but has experienced a slowdown in sales growth over the past year.

Global sales

In the first quarter of 2024, BYD sold approximately 300,114 pure EVs globally, representing a 13% increase compared to the same period last year.

Additionally, sales of plug-in hybrids, which accounted for 52% of BYD’s total first-quarter sales, rose by 14% to around 324,000 vehicles.

Analysts anticipate Tesla to deliver approximately 457,000 vehicles globally for the January-to-March period, although some predict weaker results, potentially marking the first year-over-year decline in sales since the pandemic lockdowns of 2020.

Tesla CEO Elon Musk has cautioned about slower growth in 2024 as the company focuses on ramping up production of its recently launched Cybertruck.

While Tesla plans to introduce a more affordable EV in late 2025, its current model lineup faces increasing competition from both established automakers and emerging startups in the EV market.

News

Terror on Cambridge train as nine injured in knife attack

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Published

1 hour ago

November 3, 2025

Ahron Young

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Nine people have been seriously injured after a violent stabbing spree on a train near Cambridge. Witnesses described scenes of panic as passengers scrambled for safety during the shocking incident.

Two men have been arrested, as British Transport Police—assisted by counterterrorism units—investigate the motives behind the attack. Armed officers reportedly tackled one suspect armed with a large knife as emergency services flooded the scene.

The attack has left the community shaken and authorities on high alert, with questions swirling about whether this was an act of terror or a random rampage.

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News

Trump’s shock peace deal as Morocco and Algeria end fighting

Trump brokers historic peace between Morocco and Algeria; experts debate implications for Middle Eastern relations and global influence.

Published

1 hour ago

November 3, 2025

Ahron Young

Trump brokers historic peace between Morocco and Algeria; experts debate implications for Middle Eastern relations and global influence.

Donald Trump has once again stunned the world, this time brokering a historic peace agreement between Morocco and Algeria—with the backing of the United Nations. The move has many wondering whether the former U.S. president is reinventing himself as a global peacemaker.

Professor Tim Harcourt from UTS breaks down how Trump managed to secure the deal and what role the UN played in formalizing the agreement. Morocco’s vow to protect Jewish communities and strengthen ties with Israel adds another layer to this surprising diplomatic twist.

As Trump’s influence on global affairs grows, experts are debating whether this marks a genuine shift in Middle Eastern relations—or just a calculated political play on the global stage.
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News

Trump threatens Nigeria with U.S. military action over Christian killings

Trump pressures Nigeria on Islamist militants, warns of U.S. aid cuts as military action looms.

Published

2 hours ago

November 3, 2025

Ahron Young

Trump pressures Nigeria on Islamist militants, warns of U.S. aid cuts as military action looms.

Donald Trump is turning up the pressure on Nigeria, ordering the U.S. military to prepare for potential action against Islamist militants. The former president has accused the Nigerian government of failing to protect Christians from targeted attacks and warned that U.S. aid could be cut off.

Oz Sultan from Sultan Interactive Group joins Ticker to unpack Trump’s warnings, the potential military implications, and how Nigeria’s government has reacted. His fiery rhetoric has sparked debate over whether the situation constitutes a genocide or political grandstanding.

Observers are closely watching how this showdown could affect U.S.-Nigeria relations, with the world bracing for the next move in Trump’s bold new foreign policy push.

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#Trump #Nigeria #USMilitary #ChristianPersecution #ForeignPolicy #AfricaNews #BreakingNews #TickerNews