Who is the biggest maker of electric cars?
China’s BYD has overtaken Elon Musk’s Tesla as the world’s biggest seller of electric vehicles (EVs), marking the first time it has outpaced its American rival in annual sales. BYD is now the world’s top seller of electric cars, overtaking Tesla after a decade of dominance by Elon Musk’s company.BYD’s electric cars are not sold in the United States because of factors such as high tariffs currently in place and federal rules regarding connected car technology and vehicle safety standards that the company sees as limiting.It was reported earlier this month that BYD had overtaken Tesla as the world’s leading EV manufacturer. The American brand had sold 1. EVs in 2025, while BYD sold 2. In Singapore, Tesla remains the only other EV brand in the top 10, with 3,476 new registrations last year.JAKARTA – Tesla’s dominance as the global king of electric vehicles (EVs) officially collapsed in 2025. Chinese automaker BYD succeeded in toppling Elon Musk’s company as the world’s largest seller of electric cars, capitalising on a combination of weakening demand in the United States and record domestic sales.Norway’s 100% EV sales in 13 years: A case study in policy and infrastructure. This is truly mind-blowing: Norway has gone from near-zero sales of non‑emitting battery electric vehicles to now close to 100% of all new passenger car sales—achieved in about 13 years.
Why did BYD overtake Tesla?
China’s byd overtook tesla as the world’s largest electric carmaker in 2025, after the us company run by elon musk reported a slump in deliveries at the end of the year. Byd sold 2. Friday by tesla for the same period. China’s byd surpasses tesla as the world’s largest ev automaker. After tesla’s annual sales fell 9 percent, byd can claim the crown, as the chinese company sold 2 million evs in 2025. As tesla announces sales that are down 9 percent over last year, a new ev king is crowned.In one of the most extreme examples of Tesla getting trumped, BYD vehicles swarmed roads in Europe last year. The Chinese company’s sales in the top 10 European markets quadrupled in 2025 compared with the previous year, according to calculations from Segment Y.Impressive though the BYDs are, we’d probably opt for the Tesla for its longer range, slightly sportier driving experience and wider availability on the used market. BYD’s wider model range means it’s active in sections of the market that Tesla doesn’t have an answer for.BYD sells more cars than Tesla. It has about 20% higher annual revenue. It has a slightly higher net profit ($5. BYD’s annual revenue has also grown a bit faster than Tesla’s (at least from 2023-2024; no full annual figures available for 2025 yet).
Who is the market leader in EV?
Since launching its first mainstream electric car, the Nexon. TATA. Nexon. India to cross 100,000 cumulative sales. Annual electric car sales nearly doubled to about 210,000 units. MG Motor’s Windsor became India’s best-selling passenger EV, followed by Mahindra & Mahindra’s electric SUV XEV 9E, launched last year. That said, Tata Motors still leads the category with a 38% share of EV car sales.The MG Windsor became India’s No. EV through its strong appeal among families. It excelled in offering generous space, superior comfort and a feature-rich cabin, while delivering an exceptional driving experience. Today, it stands as India’s most loved and most awarded EV.
What is the #1 selling electric car?
Tesla Model Y: 317,800 units sold (estimated) The Model Y is still the bestselling EV in the United States and the seventh bestselling vehicle overall, despite a 22 percent slide compared to 2024, according to Automotive News estimates. BEV totals recorded in the new passenger-car market, as reported by EV Volumes on 30 January 2026. The Tesla Model Y accounted for nearly two-thirds of the brand’s volumes in 2025 at 66. With just under half of this share, the Model 3 made up 30.
Who beat Tesla in sales?
Chinese EV maker BYD surpassed Tesla as the world’s top electric vehicle seller in 2025 with significantly higher global sales. BYD dominates key markets with lower prices, more vehicle options and superior battery technology. Here’s why. Chinese electric vehicle maker BYD is unlikely to sell its cars in the U. S. U. S. High tariffs and restrictive federal rules are also significant barriers to BYD’s entry into the American market.Chinese automaker BYD succeeded in toppling Elon Musk’s company as the world’s largest seller of electric cars, capitalising on a combination of weakening demand in the United States and record domestic sales.A BYD Seal U model car. Warren Buffett’s Berkshire Hathaway is no longer a shareholder in Chinese electric vehicle behemoth BYD, ending an investment that first started in 2008 and delivered billions of dollars in returns to the American investment giant.
Is BYD bigger than Tesla?
BYD has overtaken Tesla as the world’s biggest seller of electric vehicles. How can Tesla’s PE ratio of ~290 be justified. As you can see from the title, BYD overtook Tesla. But the bulk of Tesla’s income comes from its EV business. Tesla’s biggest competitor right now is BYD, says Roth Capital Partners’ Craig Irwin. Craig Irwin, senior research analyst at Roth Capital Partners, joins ‘Squawk on the Street’ to discuss Tesla after the electric carmaker released its fourth-quarter 2025 vehicle production and deliveries report on Friday.