2 Jan 2024
BYD beats Tesla by selling more 100% electric cars in the first quarter / by Longtunman
1-2 years ago, if asked who was the leader in the electric car market?
The answer for sure is Elon Musk’s Tesla.
But today, the answer may change because Tesla, which was said to be a sure thing, is facing a tough competitor like BYD that has come to shake the throne. Until recently it was completely taken down..
Because just recently there was a report of 100% electric vehicle deliveries (BEV) for the 4th quarter of 2023 from BYD and Tesla.
BYD has delivered 526,409 BEVs.
Tesla delivers 484,507 BEVs
This marks the first quarter that BYD’s BEV shipments exceeded Tesla’s.
While in the past quarters 1-3 of 2023, BYD was still behind Tesla for a while.
For the total vehicle deliveries for the year 2023,
BYD has delivered more than 3 million electric vehicles, up 62% from last year.
Divided into 1.6 million BEV cars.
and 1.4 million plug-in hybrid vehicles (PHEVs).
while Tesla sold 1.8 million vehicles.
In fact, BYD has overtaken Tesla to become the world’s number 1 electric car manufacturer since the middle of 2023.
However, the total electric car deliveries used to measure Including total deliveries of PHEV vehicles.
So, counting only BEVs, Tesla is still the leader.
However, if we look at the numbers for the most recent quarter (Q4 2023)
BYD is now the leader in the electric car market, replacing Tesla. Even if only the total number of BEV deliveries is measured..
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2024-01-02 15:48:05
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