CHINA: Chinese electric vehicle maker BYD logged a record 777.1 billion yuan (£82.5 billion) in revenue last year as its sales of battery electric and hybrid vehicles jumped 40 per cent.

The report late on Monday coincided with BYD’s launch earlier this week of its Qin L EV sedan, a mid-sized model similar to Tesla’s Model 3 but at just over half the price. Tesla’s 2024 revenue was nearly $97.7bn (£75.4bn).

SOUTH AFRICA: President Cyril Ramaphosa said on Monday the claim that white people are being persecuted in his country is a “completely false narrative.”