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November 8, 2025CoinOtag logoCoinOtag

BYD Expands China Megafactory and Brazil Plant, Potentially Surpassing Tesla in EV Output

BYD’s Zhengzhou megafactory in China surpasses Tesla’s Austin facility in size and is expanding rapidly, with production hitting 540,000 vehicles in ￰0￱ positions BYD to potentially become the world’s

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Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg

Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg

The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make m...

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1 min
BYD’s megafactory expansion positions it to overtake Tesla in global EV production

BYD’s megafactory expansion positions it to overtake Tesla in global EV production

BYD’s megafactory in Zhengzhou, China, dwarfs Tesla’s biggest U.S. factory in Austin, Texas, and satellite imagery confirms that it is expanding. The company is reportedly on track to outshine Tesla a...

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1 min