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Tesla knocks BYD off its perch as world s largest pure EV makers struggle to win new customers in China s shrinking market

Tesla is the world’s largest maker of pure electric cars again after outselling its closest rival, BYD, during the first quarter of this year, according to data published by the companies.

China EVs: Li Auto rewards hard-working employees with fat bonuses for surpassing 2023 sales target

Li Auto plans to give its 20,000 employees annual bonuses of up to eight months’ pay for exceeding the 300,000-unit sales target last year. The carmaker has set a goal of delivering 800,000 units this year.

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