Jan 5, 2024
BYD Surpassed Tesla in Global BEV Sales for the First Time Ever ๐
What weโre showing
Global quarterly sales of battery electric vehicles (BEVs) between BYD and Tesla.
Key takeaway
In Q4 2023, BYD sold nearly 42,000 more BEVs than Tesla.
Context
- BYD Auto is a subsidiary of BYD Company Limited, a Chinese manufacturing conglomerate.
- BYD released its first passenger car in 2005, and its first BEV in 2009.
- The company has released a slate of new BEV models in recent years, with hopes of capturing market share in Europe and Latin America.