US EditionBYD Overtakes Tesla as World's Top EV Seller in 2025
- 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.
324 Articles
324 Articles
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…
Chinese Company Dominates EV Industry
Chinese automaker BYD overtook Tesla in 2025, dominating the electric vehicle industry. BYD shared that it sold 2,256,714 battery-electric vehicles, while Tesla made 1,636,129 deliveries. A report from Inside EVs says BYD manufactures plug-in hybrids, whereas Tesla does not, and therefore appeals to a wider consumer base. “In the fourth quarter, we produced over 434,000 vehicles, delivered over 418,000 vehicles and deployed 14.2 GWh of energy st…
Tesla confirmed its decline this Friday by reporting that last year it delivered 1,636,129 vehicles, 8.5% less than the previous year.
Coverage Details
Bias Distribution
- 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
