The Shenzhen-based automaker has surpassed Tesla to become the world's largest seller of battery electric vehicles, capping a meteoric rise that has left Musk's company fighting to preserve its EV dominance.
BYD reported on Thursday that it sold 2.25 million battery-powered EVs in 2025, a nearly 28% rise from the year before. By contrast, Tesla reported annual sales of 1.64 million on Friday, an 8.5% fall.
Business Insider
BYD has officially taken Tesla's crown and become the world's largest EV seller
By Tom Carter,14 hours ago
Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival.
BYD took Tesla's crown after Elon Musk's automaker reported its second consecutive annual sales drop.
The Chinese EV maker sold more vehicles than Tesla for the first time in 2024, and has now bested Musk again.