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The Independent UK
The Independent UK
National
Ken Moritsugu

China's BYD is rivaling Tesla in size. Can it also match its global reach?

BYD Tesla Inc. China Wang Chuanfu electric vehicle Europe
Copyright 2023 The Associated Press. All rights reserved

A less flashy Chinese electric vehicle maker is fast closing the gap with Tesla, the longtime, market-leading pioneer.

BYD Co., based in the southern China tech hub of Shenzhen, dethroned Texas-based Tesla Inc. as the top seller of electric cars in the last three months of 2023, according to sales figures released by the companies this week.

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