China’s BYD to overtake Tesla as world’s top EV seller for first time

China’s BYD to overtake Tesla as world’s top EV seller for first time

CNBCbusiness

Key Points:

  • Chinese automaker BYD is expected to surpass Tesla as the world's largest seller of electric vehicles in 2025, marking a significant milestone for the company.
  • BYD reported a nearly 28% increase in sales, reaching 2.26 million battery-powered vehicles, while Tesla's estimated deliveries are around 1.6 million, reflecting an 8% decline from 2024.
  • Tesla has yet to release its official 2025 sales figures, but the available data suggests BYD will officially overtake the U.S. rival.
  • This shift highlights BYD's rapid growth in the EV market, contrasting with Tesla's anticipated second consecutive annual drop in vehicle deliveries.
  • The rivalry underscores a changing landscape in the