China's BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown
- Posted on March 27, 2026
- By The Toronto Star
- 6 Views
China's BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown

HONG KONG (AP) — Chinese automaker BYD said Friday its annual sales rose to a record $116 billion, outpacing Tesla’s, but its profit fell for the first time since 2021