Elon Musk's Tesla is due to release quarterly production and delivery figures on Tuesday.

Chinese company BYD has moved a step closer to toppling Elon Musk’s Tesla as the world’s biggest-selling manufacturer of electric vehicles.

The firm said on Monday it had sold a record 526,000 battery-only vehicles in the last three months of 2023.

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For the year as a whole, Shenzen-based BYD said it had sold more than 3 million so-called-new energy vehicles (NEVs), which includes battery-only vehicles and hybrids.

Almost 1.6 million of its total sales were battery-only vehicles, the firm said.

Industry analysts have forecast that Tesla sold around 483,000 electric vehicles in the last three months of 2023 and 1.82 million for the year as a whole.

  • Vanon@lemmy.worldEnglish
    211·
    1 year ago

    I didn’t realize China had already copied Tesla’s product. Absolute lol at M*** for heavily manufacturing there (not just parts, but everything). Copy, paste, rename… BYD.