Etiqueta: Europe

Tesla is no longer the undisputed king of electric vehicles. BYD has taken the lead in production, global sales, and workforce scale

Tesla annual sales have fallen for the second year in a row, a drop fueled by the removal of the federal tax credit in the U.S. and competition from Chinese automakers.

Full-year electric vehicle sales figures have dropped for 2025, revealing China's BYD is now officially global top dog.

The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.

In 2011, Tesla CEO Elon Musk dismissed Chinese electric vehicle maker BYD as a competitor. But some 14 years later, BYD beat the American EV pioneer at its own game.

Elon Musk’s carmaker delivered fewer fully electric models than its rival in 2025

Tesla’s early dominance of the electric car market is being challenged as China’s BYD posts record sales and wins over European consumers with lower prices.

In a significant industry shift, BYD has officially confirmed its position as the world's leading manufacturer of pure battery electric vehicles (BEVs) for t

BYD topped 2025 sales in China, but it was one of six brands in the top ten to miss sales targets as the Chinese market cools.

In 2025, Chinese EV giant BYD sold a record 4.6 million vehicles, up 7.7% year-over-year, meeting its revised target and likely surpassing Tesla globally despite a cooling domestic market and price wars. The company expanded internationally and innovated with fast-charging tech. This resilience positions BYD for continued growth amid challenges.