BYD overtakes Tesla in global pure EV sales in 2025
Chinese automaker BYD surpassed Tesla in global pure electric vehicle sales for 2025, marking a historic industry shift. BYD’s global sales jumped 28%, driven by a 150% surge in overseas deliveries exceeding one million units abroad for the first time. Tesla delivered approximately 1.64 million vehicles, down from 1.79 million in 2024, with fourth-quarter deliveries dropping 15.6% YoY. Tesla’s sales fell for the second consecutive year amid increased competition, expiration of U.S. tax credits, and brand challenges. BYD aims to sell 1.6 million vehicles overseas in 2026.