Beijing: Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances.
The Shenzhen-based firm posted operating revenue of 201.12 billion yuan ($28.24 billion) during the third quarter, a filing at the Hong Kong Stock Exchange showed, surpassing the $25.2 billion in third-quarter revenue announced by Tesla last week.