Etiqueta: exports

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

Although BYD faced challenges in recent months, the Chinese manufacturer became the world's largest electric vehicle producer in 2025. While Tesla's sales

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.

EV Stocks 2026 Forecast: China Tightens Incentives as BYD Growth Cools - TechStock²

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.

Chinese EV giant BYD Co. Ltd. sees strong overseas growth as it aims to expand in Europe, but cumulative sales are still down.

BYD is gaining EV leadership. The company sold 2.07 million EVs through November, while Tesla is expected to sell 1.65 million in 2025.

According to data compiled by the Gasgoo Automotive Research Institute data, in October 2025, BYD, Geely Holding, and Chery Holding demonstrated a clear export trend of stable core markets alongside expansion into emerging regions.