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BYD sales surge amidst growing EV competition

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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.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Resilience and positivity: Emmilia O’Sullivan’s inspiring health journey

Emilia O’Sullivan’s inspiring journey highlights resilience in overcoming life-threatening health challenges and her mission to help others.

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Emmilia O’Sullivan’s inspiring journey highlights resilience in overcoming life-threatening health challenges and her mission to help others.

In Short

Emmilia O’Sullivan, an award-winning author, has faced severe health challenges since childhood but remains resilient and determined to inspire others through her book, podcast and beyond. She emphasises a positive mindset and actively engages with her medical team while supporting her family during her journey.

Emmilia O’Sullivan, an award-winning author, shared her journey through numerous health challenges starting from childhood.

Born with kidney disease, she had a kidney removed by age two and lived on one kidney until major complications arose at seventeen, requiring a bladder reconstruction and a kidney transplant at twenty-one.

However, shortly after her transplant, she faced a diagnosis of non-Hodgkin’s lymphoma at twenty-two. Following remission, she discovered rare EBV-driven smooth muscle tumors.

Over the years, Emmilia dealt with various medical issues, including a tumour requiring a craniotomy and a severe bout of sepsis that led to a coma.

Despite these obstacles, Emmilia demonstrates remarkable resilience, emphasising a positive mindset and a strong desire to survive. She actively engages with her medical team, focusing on treatments and timelines, determined to keep moving forward.

Her support system includes her husband and family, and she also plays a reassuring role for them despite her struggles.

Emmilia views her health challenges not as defining elements but as aspects of her life alongside her ambition to inspire younger individuals facing similar issues.

Through her book, & podcast she aims to provide guidance and support for others.

You can find her podcast on social media platforms and her website, ammeliaosullivan.com. Emmilia’s story is a testament to fighting spirit and the pursuit of life goals despite adversity.

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Mental health services in Australia face funding and access crisis

Mental health support needs increased funding and resources to combat stigma and ensure affordability in Australia.

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Mental health support needs increased funding and resources to combat stigma and ensure affordability in Australia.

In Short

Demand for mental health support is rising in Australia, hindered by affordability, resource shortages, and stigma. Shehara Fernando, CEO of Crowned Cross Healthcare, calls for equal prioritisation of mental health services and systemic changes to improve access and reduce stigma.

The demand for mental health support continues to rise as affordability, resource shortages, and societal stigma present significant hurdles.

Shehara Fernando, founder and CEO of Crowned Cross Healthcare, highlighted the pressing need to prioritise mental health services on par with physical health care in Australia. High out-of-pocket costs hinder access, with current Medicare rebates often inadequate for ongoing therapy and specialised treatment.

Resource shortages, particularly of psychologists and psychiatrists, must be addressed through increased training of healthcare professionals and the expansion of telehealth options, which can reach rural populations effectively. Fernando emphasised the need for tailored services for diverse groups facing unique mental health challenges.

Overcoming societal stigma, especially among men, remains critical. Statistics reveal only 15% of Australian men with mental health conditions seek help, with a substantial number dropping out of treatment. Fernando urged public figures to speak openly about mental health, fostering an environment where seeking help is seen as a sign of strength.

Crowned Cross Healthcare aims to deliver quality mental health services and encourages individuals to connect through their website and social media for support and resources. More systemic changes and discussions are vital for improving mental health care access.

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Hamas agrees to release Israeli hostages after Trump issues ultimatum amid ceasefire uncertainty

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Trump and Netanyahu warn of renewed conflict if hostages are not freed by deadline.

Hamas has confirmed it will release three more Israeli hostages as originally planned, reversing an earlier threat to delay their release.

The terror group had warned that it would withhold the captives unless Israel provided compensation for what it claimed were unmet entitlements.

However, under mounting international pressure, Hamas has agreed to proceed with the release.

The announcement comes amid growing tensions, as both Israeli Prime Minister Benjamin Netanyahu and U.S. President Donald Trump have made it clear that a failure to release all remaining hostages by Saturday at noon could result in the collapse of the current ceasefire.

Trump, during a press conference, stated that if the deadline is not met, Israel should “cancel it and … let hell break out.”

Netanyahu echoed similar sentiments, reinforcing that Israel would take decisive action if Hamas did not comply.

In a recent meeting, Trump and Netanyahu also discussed the possibility of resettling Palestinians outside of Gaza and even suggested U.S. control over the region—a proposal that has sparked debate among international leaders.

Josh Hasten a Middle East correspondent for JNS, and the co-host of the JNS podcast “Jerusalem Minute” joins Veronica Dudo to discuss.

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