BYD sales soar as Tesla continues to struggle in Europe
- BYD reported a 60% surge in sales for the first quarter of 2025, selling over one million new-energy vehicles.
- BYD stopped making combustion engine cars in 2022, focusing on EVs and hybrids, leading to increased sales.
- BYD's March sales included 371,419 passenger vehicles, with 416,388 being pure EVs, marking a strong quarter.
- BYD aims to boost shipments by nearly 30% and almost double overseas deliveries to 800,000 vehicles this year.
- Tesla struggles with slumping sales in Europe, where sales plunged 40% in February, while BYD expands aggressively.
60 Articles
60 Articles
Tesla is struggling while BYD sales are storming ahead
BYD's sales are surging this year — and not just in China.Marek Antoni Iwanczuk/SOPA/Getty ImagesBYD, Tesla's Chinese rival, has been on a tear, with sales up 60% in the first three months of 2025.Tesla announced its worst quarterly sales since 2022 on Wednesday.Given its dire first-quarter deliveries, Elon Musk may be lucky Americans can't buy BYD cars.After Tesla's rough start to the year, Elon Musk is probably lucky that Americans cannot buy …
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