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Euronews
Euronews
Una Hajdari

BYD overtakes Tesla as China reshapes the global EV race

Tesla Inc. BYD Elon Musk China Donald Trump European Union Europe

The battle of the electric vehicles seems to be comfortably leaning in favour of Chinese producer BYD as Elon Musk's Tesla cars continue to underperform sales-wise, with the Chinese producer posting a nearly 28% increase in year-to-date sales for December.

Tesla sold around 480,000 of its Model 3 and Y in the third quarter, and around 400,000 in the fourth quarter, according to December estimates. 1.6 million models are expected to be sold in 2026, down from about 1.79 million in 2024.

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