How BYD Overtook Tesla to Become the Global EV Champion—and What That Means for the Future
BYD has surpassed Tesla as the leading battery electric vehicle (BEV) manufacturer globally, maintaining this position for two consecutive quarters. In Q1 2025, BYD delivered 416,388 BEVs, significantly outnumbering Tesla’s 336,681 units, reflecting a consistent growth trend. BYD’s success is attributed to its strategic innovation, market expansion, and focus on diverse consumer demographics, contrasting Tesla’s…