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

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

BYD sold a record number of electric and hybrid vehicles in December, leading a host of Chinese peers benefiting from a government trade-in program in the world’s largest market for EVs. China’s top domestic EV maker said late Wednesday that it sold ...