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BYD dethroned Tesla as the world's top electric vehicle seller in 2025. The Chinese automaker surpassed Tesla after a year of surging sales. Tesla reported its second consecutive annual drop in deliveries.
BYD sold approximately 2.26 million fully electric vehicles in 2025. This represents a nearly 28% increase from the previous year. Tesla's deliveries fell to roughly 1.6 million vehicles, down about 8% from 2024. The shift occurred after the end of federal EV subsidies in the U.S.
The change signals a significant shift in the global EV market. Experts are analyzing the impact on Tesla's stock and future strategies. The rise of Chinese EV manufacturers is accelerating.
Tesla held the top spot for years. BYD's growth reflects China's increasing dominance in EV technology and manufacturing.
Analysts predict increased competition and innovation in the EV sector. Both companies are expected to announce new models and strategies soon. The race for EV market share intensifies.
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