BYD Surpasses Tesla to Become Top Seller of Pure Electric Vehicles in Q4 2023 - PRESS AI WORLD
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BYD Surpasses Tesla to Become Top Seller of Pure Electric Vehicles in Q4 2023

share-iconSaturday, January 04 comment-icon2 weeks ago 8 views
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BYD Surpasses Tesla to Become Top Seller of Pure Electric Vehicles in Q4 2023

Credited from: SCMP

  • BYD Auto has become the world's largest seller of pure electric cars in the fourth quarter of 2023, exceeding Tesla's deliveries.
  • In Q4, BYD delivered 595,412 battery electric vehicles (BEVs), marking a 13.1% increase compared to the previous year.
  • Tesla's deliveries were 495,570 vehicles, which fell below the 512,277 vehicles forecasted by analysts.
  • BYD's customer base is expanding due to its affordable BEV models that attract middle and low-income consumers.
  • Despite BYD's growth, challenges remain, including higher tariffs faced by Chinese manufacturers in international markets.

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Gloria Terra

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