Tuesday, 02 January 2024 12:17 GMT

BYD Dethrones Tesla As Top EV Maker Globally


(MENAFN- Investor Brand Network) Chinese automaker BYD has seized the crown as the world's top electric vehicle seller, ending Tesla's decade-long reign. Numbers from 2025 paint a clear picture: BYD delivered 2.26 million vehicles while Tesla managed just 1.64 million, representing a 9 percent decline from the previous year for the American manufacturer.

The descent from grace by a giant EV brand like Tesla gives newer manufacturers like Lucid Motors (NASDAQ: LCID) an opportunity to also rise and...

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