"BYD Dethrones Tesla as China's EV Champion, Targets Global Auto Dominance"
TL;DR Summary
BYD has surpassed Tesla in the number of new energy vehicles produced in 2023, with four of its models ranking in the top 10 best-selling battery-powered cars in China, and seven including hybrids. The Qin Plus is BYD's bestseller, followed by the Seagull, Song Plus NEV, Yuan Plus, and Dolphin. These models offer a range of prices and driving ranges, catering to different market segments. BYD has also introduced a luxury brand, Yangwang, with its U8 model priced over 1 million yuan, while continuing to compete with Tesla and other electric car startups like Nio and Xpeng in the mass market.
- BYD's five best-selling cars, including one edging out Tesla's Model Y in China CNBC
- China's BYD outsells Tesla - and why it will stay that way | DW News DW News
- Short Sellers Gang Up on China's EV Leader OilPrice.com
- The whole car industry is in BYD's sights, not just Tesla The Straits Times
- Musk once laughed off BYD as a threat. Now the Chinese giant has taken Tesla's EV crown — here's how CNBC
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