BYD Surpasses Tesla in Electric Car Sales

In a significant shift in the electric vehicle (EV) industry, 中国‘s 比亚迪 has overtaken 特斯拉 as the world’s best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing 特斯拉‘s 484,507.

This marks the first time BYD has exceeded Tesla’s quarterly sales, although Tesla still maintained a higher annual total with 1.81 million vehicles compared to BYD’s 1.57 million in 2023.

Tesla’s Performance and Market Dynamics

Tesla, led by 埃隆-马斯克, fell short of its two million sales target despite a 38% year-on-year increase. The American company’s efforts, including price cuts, couldn’t bridge the gap with BYD.

The Chinese EV market’s strong performance, marked by a 70% sales surge in December, significantly contributed to BYD’s success, according to 泰晤士报.

中国的比亚迪已超越特斯拉，成为全球最畅销的电动汽车制造商。去年最后一个季度，由沃伦-巴菲特（Warren Buffett）支持的比亚迪售出了 526,409 辆纯电动汽车，超过了特斯拉的 484,507 辆。

BYD’s Ascent and Global Expansion

BYD, less known globally but a dominant force in China, has seen rapid growth. Founded by Wang Chuanfu, BYD’s diverse business includes battery production and chip manufacturing, giving it an edge over competitors grappling with raw material costs and chip shortages.

The company is now expanding beyond China into markets like 欧洲.

BYD’s surpassing of Tesla in quarterly sales signals a shift in the EV market, highlighting the growing competition and the importance of the Chinese market in shaping global EV trends.

Photos courtesy of BYD.