Capsule · The news app for modern leaders

Trends and Insights

4 Jan 2024

BYD Dethrones Tesla as Top Global EV Seller in 2023

content from a screenshot

Chinese automaker BYD [has surpassed Tesla]( in electric vehicle sales with 526,000 units in Q4 2023, compared to Tesla's 484,507. Despite Tesla's delivery numbers exceeding estimates, BYD's market share in the global BEV space has climbed, signaling a significant shift in the electric vehicle industry.