US EditionBYD Overtakes Tesla as World's Top EV Seller in 2025
BYD sold about 2.25 million battery-electric vehicles in 2025, a 28% increase, surpassing Tesla's 1.64 million amid US tax credit expiration and rising competition, analysts said.
- 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.
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336 Articles
By Chris Isidore and John Liu, CNN. In 2011, Tesla CEO Elon Musk dismissed Chinese electric vehicle maker BYD as a competitor. But some 14 years later, BYD has overtaken the American EV pioneer on its own turf. The Chinese auto giant has surpassed Tesla as the world's largest seller of electric vehicles, according to 2025 data released by both rivals this week. BYD announced Thursday that it had sold 2.26 million electric vehicles, an increase o…
Tesla Loses Electric Vehicle Crown To China's BYD After Second Year Of Declining Sales - BYD (OTC:BYDDF), BYD (OTC:BYDDY)
Tesla Inc. (NASDAQ:TSLA) has lost its position as the world’s top electric vehicle (EV) maker to China’s BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF), after reporting a second year of declining vehicle sales. Check out the current price of TSLA stock here. Tesla reported a 9% drop in fully electric vehicle deliveries in 2025, falling to 1.64 million units from 1.79 million in 2024. The decline was driven by intensifying competition, especially from Chin…
Tesla loses top EV spot to Chinese rival BYD
Tesla lost its position as the world’s largest electric vehicle manufacturer in 2025, after annual deliveries declined for a second consecutive year and were overtaken by China’s BYD. The US-based company delivered 1.64 million vehicles during the year, according to figures released on Friday. That marked a drop of about nine percent from 2024. By contrast, BYD sold 2.26 million electric vehicles, securing the top global position for the first t…
The US company Tesla was surpassed by Chinese BYD in global sales of electric cars during 2025, after a year marked by drop in demand, Asian competition and the impact of political decisions
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