BYD Overtakes Tesla as World's Top EV Seller in 2025
BYD sold about 2.3 million battery-electric vehicles in 2025, surpassing Tesla's 1.64 million as global demand shifts amid expiring US tax credits and rising competition.
- According to its Hong Kong Stock Exchange filing, Shenzhen-based BYD overtook Tesla Inc. as the world's top EV seller in 2025 sales.
- Competitive pricing and low-cost ADAS features helped BYD surge overseas with models from US$9,555, while Tesla deliveries slowed after the US$7,500 EV tax credit expired amid Elon Musk, Tesla CEO backlash.
- Company filings show BYD sold 2.26 million EVs in 2025, while Tesla is expected to deliver about 1.64 million, with 1.05 million deliveries outside China.
- Following the announcement, BYD shares rose 3.6% in Hong Kong trading after the sales disclosure, reflecting investor reaction, while the Hungary Szeged factory is set to start EV production in 2026.
- Looking to 2026, China's incentive policy cuts and US tariffs on Chinese EVs challenge BYD's overseas growth as it aims for 1.6 million sales while analysts forecast Tesla at 1.8 million.
206 Articles
206 Articles
Tesla Is Dethroned as the World's Top EV Seller
Tesla is no longer the world's leading seller of electric vehicles. Numbers reported by Elon Musk's company on Friday came in as expected: Tesla sold 1.64 million vehicles in 2025, reports the AP . Earlier in the day, China's BYD reported selling more than 2.2 million. It's the first...
The American Tesla is now being challenged by the Chinese BYD.
Tesla's Crown Slips: BYD Takes Lead in Global EV Race
Tesla's Crown Slips: BYD Takes Lead in Global EV Race Tesla relinquished its title as the world's leading electric vehicle producer on Friday, losing ground to Chinese rival BYD amid declining sales and customer dissatisfaction with CEO Elon Musk's political posturing.The company reported a 9% drop in vehicle deliveries for 2025, totaling 1.64 million units, as foreign competition intensified.Despite these setbacks, investor optimism about Tesla…
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