Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time

By Helen Gray on January 3, 2024

Updated Jan. 2, 2024 3:32 pm ET

Chinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a sign of China’s emerging strength in the global market for battery-powered cars.

BYD reported selling more than 526,000 fully electric vehicles in the fourth quarter of 2023, compared with Tesla’s sales of nearly 485,000 for the same period.

Updated Jan. 2, 2024 3:32 pm ET

BYD reported selling more than 526,000 fully electric vehicles in the fourth quarter of 2023, compared with Tesla’s sales of nearly 485,000 for the same period.

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Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time

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