Chinese EV-making giant BYD has now rival Tesla twice in quarterly battery electric vehicle sales in the past two years.

Why It Matters: BYD first took over Tesla as the world’s largest BEV seller in the last quarter of 2023. Tesla took back the title in the first quarter of 2024 and retained it for three ...

Tesla retained the biggest market share among all battery electric vehicles (BEVs) sold worldwide in 2024, but only slightly.

BYD has beaten Tesla only once: in the final quarter of 2023. BYD’s battery electric vehicle sales have since trailed Tesla’s. BYD’s annual sales figure was helped by a bumper December ...

While BYD has come close to surpassing Tesla, briefly overtaking it for a single quarter, the company has ultimately struggled to maintain this lead. The challenge lies largely in the distinct ...

"BYD has a strong product line-up whose cheaper BEV models are attractive ... BYD overtook Tesla in terms of deliveries in the fourth quarter of 2023, but the US carmaker regained its crown ...

Tesla’s reign as the global EV sales leader was first toppled by BYD in the fourth quarter of 2023. BYD repeated this feat in the fourth quarter of 2024, solidifying its position as a formidable ...