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China's BYD overtakes Tesla revenue for first time

Source: BBC

The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla's for the first time.It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July and September. This is a 24% jump from the same period last year, and more than Elon Musk's company whose quarterly revenue was $25.2bn.However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter.It comes…

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Read the original source at BBC