Chinese electric-vehicle growth continued in December, with BYD taking the crown of largest global seller from Tesla for the second time. Growth alone, however, wasn’t enough to give all Chinese EV stocks a boost on Thursday.

BYD’s aggressive year-end sales push worked. China’s leading EV maker sold a record number of vehicles in 2024, but

Chinese car maker BYD saw sales jump at the end of last year, leaving it closer to claiming the title of the world's best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers.