Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world's biggest electric vehicle company in annual sales.

It marks the first time the Chinese firm has outpaced its American rival for annual sales.

Full-year electric vehicle sales figures have dropped for 2025, revealing China’s BYD is now officially global top dog.

The American company led by Elon Musk recorded a full-year sales figure of around 1.64 million EVs, while BYD reported that it sold 2.26 million EVs for 2025.

The American company led by Elon Musk recorded a full-year sales figure of around 1.64 million EVs, while BYD reported that it sold 2.26 million EVs for 2025.

As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.

Jan. 2 (UPI) -- Chinese electric car maker BYD surpassed Tesla in annual sales in 2025.

Tesla's annual vehicle deliveries fell for a second consecutive year in 2025, but optimism around AI, robotics and robotaxis has helped the stock stay up for the past year.

Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a row. Tesla said that it delivered 1.64 million vehicles…

According to a report by Reuters, BYD’s sales growth in 2025 stood at 7.73%, its weakest pace in five years. With 4.6 million units sold last year, the Chinese automaker managed to hit its target, […]