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International Business Times
International Business Times
Business
AFP News

BYD Overtakes Tesla For Most EV Sales

Tesla Inc. BYD United States Beijing
BYD sold more fully electric vehicles than Tesla in the fourth quarter of 2023 (Credit: AFP)

US car maker Tesla has lost its crown for most sales of all-electric vehicles to Chinese firm BYD, which has capitalized on Beijing's strong government support for the burgeoning sector.

The US-based car manufacturer run by billionaire Elon Musk delivered a record 484,507 vehicles in the fourth quarter of 2023, according to a company filing Tuesday -- up more than 11 percent from the previous quarter.

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International Business Times UK
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