However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage

Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in incentives.

BEIJING (Reuters) -Chinese electric vehicle maker BYD posted an 11.5% rise in third-quarter net profit on Wednesday as it maintained strong sales momentum helped by government trade-in incentives. Net profit rose to 11.

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.

China's manufacturing activity in October expanded for the first time in six months, an official factory survey showed on Thursday, supporting policymakers' optimism that recent fresh stimulus will get the world's No.

BEIJING (AP) — A closely watched survey on manufacturing in China has edged into positive territory, the government statistics agency said Thursday. The Purchasing Managers’ Index rose to 50.1. A reading above 50 indicates an improvement over the previous month. It was the first improvement after five straight months of decline.

China's non-manufacturing activity expanded in October, an official survey showed on Thursday, providing some relief to policymakers even as other indicators have suggested recovery in the world's No.