BYD is closing in on Tesla’s position as the world’s largest electric vehicle (EV) seller, with the Chinese automaker gaining momentum in its global sales campaign.
Last quarter, BYD came remarkably close to surpassing Tesla in sales figures, largely due to factory downtime that led to Tesla’s first delivery decline in over a year. In the three months ending on September 30, BYD successfully sold 431,603 fully-electric vehicles, marking a 23% increase from the previous quarter. In comparison, Tesla shipped 435,059 cars worldwide during the same period, with a mere 3,456-vehicle gap between the two, the closest margin to date.
