BYD overtook Tesla to become the world’s largest supplier of battery-powered electric vehicles in the fourth quarter of 2023, by a substantial margin of 526,000 to 484,000 units sold. But in China, the race for market dominance isn’t nearly as close. Indeed, Volkswagen, BMW, Toyota, Honda, Nissan and several Chinese companies outpace Tesla in the […]
BYD racing away with China’s EV market
Tesla increasingly in BYD’s EV rearview mirror while German and Japanese automakers still popular in the overall auto market