China’s BYD Sold 1.6 Million Cars Last Year, More than Tesla
Chinese company BYD has reported record-breaking sales, bringing it closer to surpassing Tesla as the world’s leading EV manufacturer. The latest quarterly report from BYD reveals that it sold a 526,000 battery-only vehicles in the last quarter of 2023, contributing to its annual sales exceeding 3 million new energy vehicles (NEVs).