‘BYD will become the world’s largest EV manufacturer this year’

Tesla almost overtaken

BYD Atto 3

China’s BYD is already the largest car manufacturer in the world when it comes to plug-in cars, but for a while it will also be the largest in terms of fully electric cars. Tesla is about to be overtaken.

BYD still has a world to win in the Netherlands, but if we zoom out for a moment it becomes clear how big the Chinese manufacturer actually already is. Tesla is currently the largest in the world when it comes to purely electric cars, but BYD is equally the largest if we include all plug-in cars (including plug-in hybrids). Soon, however, BYD seems to be taking the entire EV throne, because sales of fully electric BYDs are on the rise, while deliveries of Teslas are declining slightly.

Bloomberg calculates that the gap between BYD and Tesla actually grew slightly at the beginning of this year, but also that BYD is now rapidly catching up. Tesla and BYD both sold more than 430,000 fully electric cars last quarter, the difference was only 3,456. The expectation is that the sharper upward trend at BYD will intersect with that of Tesla in the coming quarter, making BYD the largest in the world. That is not a big surprise; At the beginning of this year, GlobalData already sketched the picture that BYD would almost match Tesla’s sales figures this year. Now it looks like it goes one step further than that.

BYD currently relies mainly on the home market. It is already the largest car manufacturer there (regardless of the drivetrain), with a market share of more than 10 percent. BYD’s Qin, Yuan Plus (Atto 3), Song Plus and Dolphin are going crazy and only have to tolerate the Tesla Model Y when it comes to fully electric cars.

– Thanks for information from Autoweek.nl

Recent Articles

Mice recognize themselves in the mirror

Even mice can recognize themselves in the mirror. © Georgejason/ iStock if(document.documentElement.clientWidth<=1220){ //var divAdtile1 = document.getElementById("iqadtile1-wrapper"); var divAdtile3...

iPhone 15 reduced in price: you can get it cheaply here

Does your iPhone need to be replaced or is your subscription coming to an end? ...

Tips for using AI safely in the workplace

In collaboration with the police, the Digital Trust Center (DTC) warns about the risks of using generative artificial intelligence (AI) in the workplace. ...

Finally: ExpressVPN is now available on Apple TV

Since tvOS 17 it has been possible to install a VPN on your Apple TV and...

Technical cleanliness

Complex systems must meet special cleanliness standards in order to function smoothly and permanently. © gorodenkoff, GettyImages ...

Related Stories

Stay on op - Ge the daily news in your inbox