US EditionHow BYD caught up with Tesla in the global EV race
CHINA, JUL 15 – BYD surpassed Tesla in global electric vehicle sales with 382,585 new energy vehicles sold in June, expanding its fleet and market presence worldwide this year.
- Last month, BYD Co. Ltd. edged past Tesla Inc. in global EV sales, marking a pivotal shift in the global electric vehicle market.
- In June, BYD sold 90,049 vehicles overseas, driven by expansion in multiple regions, particularly Europe.
- The BYD Zhengzhou car carrier can carry 7,000 cars, and BYD's fleet has transported over 70,000 NEVs worldwide.
- Next week, Tesla Inc. will release its second-quarter financial results, with analysts expecting earnings per share of 42 cents on revenue of $22.79 billion.
- According to Jerome Saigot, BYD plans to open 10 showrooms in Saudi Arabia by the end of 2026, aligning with the Kingdom's Vision 2030 target of 30% EV adoption in Riyadh by 2030.
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BYD has launched its premium brand Denza in Europe with an offensive that directly targets giants such as BMW, Mercedes and Range Rover. Leading technology, breaker design and ultra-fast chargers are the weapons with which it intends to rewrite the concept of luxury. BYD has moved from being a Chinese manufacturer of efficient electrics to one of the biggest agitators of the global automotive status quo. And now, with its premium brand Denza as …
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Total News Sources22
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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