BYD beats Tesla by selling 100% more electric vehicles in the first quarter.

BYD beats Tesla by selling 100% more electric cars in the first quarter / By Longtunman
1-2 years ago, if asked who is the leader in the electric car market?
The sure answer is Elon Musk's Tesla.

But today the answer may change because Tesla, which was said to be a certainty, faces a strong competitor like BYD, which came to shake the throne. Until recently it was completely deleted.

Because there was recently a report on 100% electric vehicle (BEV) deliveries for Q4 2023 from BYD and Tesla.

BYD has delivered 526,409 vehicles with the battery.
Tesla delivers 484,507 electric vehicles

This marks the first quarter in which BYD BEV shipments exceeded Tesla's.
While in the past 1-3 quarters of 2023, BYD was still lagging behind Tesla for a while.

For total vehicle deliveries for 2023,

BYD has delivered more than 3 million electric vehicles, an increase of 62% over last year.
Divided into 1.6 million BEV vehicles.
and 1.4 million plug-in hybrid vehicles (PHEVs).

While Tesla sold 1.8 million cars.

In fact, BYD has overtaken Tesla to become the world's No. 1 electric vehicle manufacturer since mid-2023.
However, the total EV shipments used for the measurement include total PHEV deliveries.

So, counting only battery-powered cars, Tesla is still the leader.

However, if we look at the last quarter numbers (Q4 2023)
BYD is now the market leader in electric vehicles, replacing Tesla. Even if only the total number of BEV deliveries is measured…

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