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Fortune

Nicholas Gordon

Warren Buffett-backed BYD is just over 3,000 cars away from overtaking Tesla as the world’s biggest seller of EV cars

BYD Tesla Inc. Warren Buffett United States China Elon Musk Berkshire Hathaway

(Credit: Sven Hoppe—picture alliance/Getty Images)

Tesla’s disappointing third-quarter deliveries are giving its closest rival—BYD, the Chinese EV giant backed by Warren Buffett’s Berkshire Hathaway—an opportunity to swipe top place in the electric car rankings.

Tesla sold 435,000 electric cars last quarter, while BYD sold 431,000 battery-powered electric cars over the same period, leaving a gap of just over 3,000 between the two firms, according to calculations from Bloomberg.

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