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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 amid Tesla's sales decline after U.S. tax credit expiration 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.
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BYD sold 2.2 million EVs worldwide in 2025, topping Tesla's 1.6 million
The reversal follows months of narrowing margins between the two companies. Throughout 2025, BYD repeatedly outsold Tesla in European markets, even as it faced import tariffs and ongoing US government restrictions that have kept the Shenzhen-based automaker out of the American consumer market.Read Entire Article
The Chinese company's sales grew by almost 28%, reaching 2.26 million cars.
The Chinese manufacturer BYD has become the new world number one electric vehicle, driven by record production and unrivalled industrial power. BYD surpasses Tesla and becomes
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Total News Sources438
Leaning Left60Leaning Right49Center85Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 31%
C 44%
R 25%
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