BYD New Global BEV Sales Leader, Displacing Tesla - CleanTechnica

BYD has overtaken Tesla as the global leader in battery electric vehicle (BEV) sales in 2025, delivering 2.26 million fully electric vehicles compared to Tesla’s 1.64 million. This marks a significant shift from five years ago when Tesla dominated the EV market. BYD’s total vehicle sales, including plug-in hybrids, reached 4.6 million units in 2025, surpassing major automakers like Toyota. The company’s success is attributed to its diverse product lineup, including plug-in hybrids, and expanding international presence, particularly in Asia and Europe, with new factories opening in Hungary and planned in Turkey. In contrast, Tesla has not announced new manufacturing capacity expansions since its 2022 German plant. Despite facing intense competition in China from rivals like Xpeng and Geely, BYD’s export business is growing rapidly, with over 1 million cars sold abroad in 2025 and expectations to reach 1.6 million in 2026. BY