JAMIE CARR: BYD leaves Tesla in the dust
The Chinese carmaker outsold Tesla in the fourth quarter of 2023 to claim the mantle of the world’s biggest producer of electric vehicles
11 January 2024 - 05:00
BYD: In the EV fast lane
Back in 2011, Elon Musk laughed out loud when asked whether he thought BYD would ever pose a threat to Tesla. “Have you seen their car?” he asked to general derision, and at the time he had a point, but the chuckles are coming right back at him with the news that BYD outsold Tesla in the fourth quarter of 2023 to claim the mantle of the world’s biggest producer of electric vehicles (EVs). BYD sold 526,000 EVs to Tesla’s 484,000 in a quarter that will push many a legacy manufacturer into a cold sweat. ..
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