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Back 02 Apr 2025

BYD enjoys yet another blockbuster quarter as Tesla flounders ​  

Summary: BYD, China’s best-selling auto brand, experienced a 58% increase in sales in the first quarter of 2025, delivering 986,098 passenger vehicles, including 416,388 pure electric vehicles. This success contrasts with Tesla, whose sales may be as low as 340,000 due to political involvement and intense competition from BYD. BYD aims to sell around 5.5 million vehicles this year, including 800,000 exports, despite tariffs and a ban on smart driving EV technology in the US.

Link: https://www.theedgesingapore.com/news/motoring-news/byd-enjoys-yet-another-blockbuster-quarter-tesla-flounders