to cement its position in the top spot. the company s deliveries are the closest estimation to its sales figures. 0ur north american business correspondent erin delmore reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that s a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand. but its lesser known chinese rival is enjoying tailwinds, including a massive domestic market, cheap labour and strong government support. and, unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices, which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around three million in sa
is the closest estimation to its sales figures. 0ur north america business correspondent erin delmore reports. calls itself the big scarber brown you ve never heard of, but it may be about to change. more of vehicles in the last three months than tesla did. that s a first. the american company is facing headwinds, higher borrowing costs in the us led to spelling demand slowing demand. but the chinese rival is a gluing, enjoying tailwinds with them unlike tesla, byob makes its own batteries, so controlling that part of the supply gives byd more ability to cut prices. as my colleague erin hasjust reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around three million in sales last year, but that number comprises both electric cars and hybrid vehicles. but even as the competition us revving up, it s worth noting that in terms of overall deliveries in 2023, tesla still has byd beat. however, the chinese ev maker s could keep the momentum
are the closest estimation to its sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds, including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices, which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars and hybrid vehicles. e
the danish logistics giant says it will reroute some vessels around the cape of good hope in africa. houthi militants based in yemen and backed by a run in recent houthi militants based in yemen and backed by iran have in recent weeks repeatedly attacked vessels in the red sea in response to the war in gaza. it has raised concerns about the disruptions to global trade through the waterway. by some estimates, about 12% of global trade and 3 million barrels of crude oil traverse the red sea every day. to india now where a nationwide strike by truck and bus drivers across the country over a new law on hit and run cases appears to have been called off following negotiations between the government and transport associations last night. our reporterjoins us now from reporter joins us now from mumbai. reporterjoins us now from mumbai. ellis way they are protesting this law that appears designed to save lives?
it will reroute some vessels around the cape of good hope in africa. houthi militants based in yemen and backed by iran have in recent weeks repeatedly attacked vessels in the red sea in response to the war in gaza. it has raised concerns about the disruptions to global trade through the waterway. by some estimates, about 12% of global trade and three million barrels of crude oil traverse the red sea every day. to india now. a nationwide strike across the country over a new law on hit and run cases appears to have been called off following negotiations between the government and transport bodies last night. our india correspondencejoins us bodies last night. our india correspondence joins us with more from mumbai. why are they are protesting this law that appears designed to save lives? essentially, they have been protesting the law because they feel it is too stringent, that it would take