Economy Chinese EV producer BYD overtakes rival Tesla with over $100 billion USD in annual sales

[Prutfis]

It’s hilarious leftists would rather buy CHINESE vehicles than Teslas because “orange man bad”.

Tesla is a shitbox and there are much better offerings for the price. Chinese, German etc.

 

[I Am Legion]

BYD are a superior company both in quantity and quality over Tesla.

Total lie. I work with actuaries to price warranties and most companies won't even cover BYD. Absolute garbage, like many of their other companies. I a not an EV fan in general, but these Chinese vehicles are nothing but issues.

 

[Prutfis]

Total lie. I work with actuaries to price warranties and most companies won't even cover BYD. Absolute garbage, like many of their other companies. I a not an EV fan in general, but these Chinese vehicles are nothing but issues.

Don´t know what cars you are looking at. Many Chinese cars in Europe are doing great (BYD, XPeng etc). Getting easy 5 stars Euro NCAP and some of the best warranties on the market.
Meanwhile Tesla was the most expensive and error prone car in a massive German study done recently of all cars after 4 years.
In Denmark your car has a mandatory checkup after 4 years and the Tesla model that just turned 4 had a 25% failrate, where it´s usually around 7% for other brands.
Then there is Tesla being overpriced with shitty suspension, interior, long wait times on parts and inferior tech options. For the price of a Tesla model S I can get a Audi SQ6 E-Tron and add 25k worth of xtras.
The new BYD super-E platform also beats Tesla on range, charge times and HP

 

[I Am Legion]

Don´t know what cars you are looking at. Many Chinese cars in Europe are doing great (BYD, XPeng etc). Getting easy 5 stars Euro NCAP and some of the best warranties on the market.
Meanwhile Tesla was the most expensive and error prone car in a massive German study done recently of all cars after 4 years.
In Denmark your car has a mandatory checkup after 4 years and the Tesla model that just turned 4 had a 25% failrate, where it´s usually around 7% for other brands.
Then there is Tesla being overpriced with shitty suspension, interior, long wait times on parts and inferior tech options. For the price of a Tesla model S I can get a Audi SQ6 E-Tron and add 25k worth of xtras.
The new BYD super-E platform also beats Tesla on range, charge times and HP

As a company there were two companies we decided not to provide mechanical warranties for. BYD was one, and VinFast was the other. BYD uses sub par parts and does not have a supply chain to replace them in a timely manner. BYD has transmission issues that they refuse to create a recall on, and the wait for a trans can be up to 8 months. Tesla has it's bugs but backs their vehicles with available parts and way more service facilities. BYD does not have the infrastructure yet to provide that service. They make a good battery though.

 

[Prutfis]

As a company there were two companies we decided not to provide mechanical warranties for. BYD was one, and VinFast was the other. BYD uses sub par parts and does not have a supply chain to replace them in a timely manner. BYD has transmission issues that they refuse to create a recall on, and the wait for a trans can be up to 8 months. Tesla has it's bugs but backs their vehicles with available parts and way more service facilities. BYD does not have the infrastructure yet to provide that service. They make a good battery though.

This is in the US? Would make sense that Tesla has better availability on parts. Personally (In Denmark) I will at least wait for a brand to have been on market for 4 years minimum where it has the first mandatory check done by an independant body and not just manufacturer service. By then there should also be more info on reliability and parts availability/pricing

The 2020 Tesla model 3 was at a 25% fail rate in 2024 when it turned 4. That´s abysmal.

 

[Kassitus]

So a heavily subsidized Chinese EV company doesn't make as much revenue as Tesla but it makes more when you include their hybrid numbers as well, therefore Tesla BTFO.

The Elon hate is becoming truly bizarre lol

 

[NoSmilez]

This is way better than the Tesla Truck. Tesla just needs to step their game up. We are pretty close to automated cars so we are in the right direction.

 

[Sweater of AV]

This is way better than the Tesla Truck. Tesla just needs to step their game up. We are pretty close to automated cars so we are in the right direction.

 

[Sweater of AV]

I guess it's a shame DOOGE can't just fire everyone at BYD.

BYD Plans to Double Overseas Sales in 2025 Despite U.S. Tariff P

BYD Company (BYDDF, Financials) is planning to double its overseas auto sales to more than 800,000 units in 2025, as the Chinese electric vehicle maker looks to

www.gurufocus.com

 

[Zazen]

By "leftest" I guess you mean the whole rest of the planet. It seems everyone but the Trumpers are creeped out by Musk, his sales are tanking everywhere. Not just the cars but countries are canceling starling contracts left and right.

You maybe should consider a little introspection, surely many of the people turned off by Musk are not leftest. Why do you guys need to paint such a picture of anyone who doesn't agree with you. In your mind are leftest evil? Is everyone who doesn't like Musk an enemy?

It’s weird because some of them were really upset he cheated in a video game. Even in asmongolds comment section some guy was like “if he’s willing to lie about this what else would he like about?”. I saw a lot of this rhetoric during that fiasco and then it’s like they completely forgot about it and went back to sucking him off. I think America is uniquely brainwashed simply because we have so many propaganda networks paid by billionaires to make Americans side with them over working class folk. Elon is bad. He could have simply increased his taxes on himself a bit instead of trying to find all this government waste that apparently doesn’t exist. Dude fired a couple hundred thousand workers and we are suppose to feel bad his company is getting boycotted.

 

[Hog-train]

LOL @ constantly accusing China of theft when they're producing better products.

Tesla doesn't have any planned next gen updates for the 3, X or Y. The Cybertruck is an embarrassing dumpster fire, and the Roadster 2 is five years late because the battery tech doesn't exist.

What is there for BYD to even steal at this point?

If Telsa weren't protected from competition in so many markets, it would already be dead.

They got caught red handed.

https://www.reuters.com/business/autos-transportation/china-resident-who-stole-tesla-trade-secrets-gets-2-year-us-sentence-2024-12-16/

That's just not true. Not only are there tariffs on most Chinese products including vehicles, all vehicles with Chinese (and Russian) computers and software have been banned near the end of Biden's administration.

The outgoing Biden administration banned the Chinese car software, but they don't go into effect until 2027 and 2029. So that's not the reason BYD didn't sell in the US. It was due to the high tariffs.

Biden Administration Finalizes Rules Effectively Banning Chinese Cars in the U.S. | Edmunds

The new rules would effectively ban any car using Chinese-made parts or software from being on the road, but there is a loophole. Read up on the ban here.

www.edmunds.com

 

[Romulas]

By "leftest" I guess you mean the whole rest of the planet.

The rest of the planet doesn't count...

 

[Sweater of AV]

https://insideevs.com/news/754460/byd-100-billion-huge-factory/

BYD raked in $107 billion in revenue in 2024. Now it aims to pump out one million EVs annually at its city-sized production plant​

Last year, Chinese automaker BYD cast a shadow on other manufacturers when it managed to out-produce EV juggernaut Tesla. And now, BYD has managed to do it again, but this time square in the pocketbook. Its revenue has now surpassed Tesla as well, hitting a cool $107 billion for 2024 versus Tesla's $97.7 billion.

It doesn't just stop there, though. When BYD does something, it does it big. For example, its factory in Zhengzhou is growing rapidly. So large, in fact, that its overall footprint will soon be as large, if not larger, than the entire city of San Francisco, California.

...

Its latest project in the capital of China's Henan province is nothing short of absolutely massive—essentially an entire city dedicated to EV production.

The video above shows drone footage of its Mega Factory in Zhengzhou. It doesn't tell the full story about the scale of BYD's unfinished campus, which has been split up into eight phases of growth. When finished, the property is expected to span approximately 50 square miles, which is more than ten times the size of Telsa's Nevada Gigafactory, or about the size of the entire city of San Francisco.

Almost 60,000 of BYD's 90,000 workers are currently stationed there today and BYD is said to recruit another 200,000 workers from around the world in the coming months. Workers will be able to live on-site in company-provided housing and have access to recreational accommodations on-site. In all, BYD plans to install enough capacity to produce about one million cars annually at its Zhengzhou facility, which is enough to cover about a quarter of the overall sales of its New Energy Vehicles in 2024.

 

[Sweater of AV]

This may start to turn into a bit of an ass-kicking.

BYD sells 1 million EVs and plug-in hybrids in first quarter, as it extends lead over Tesla

Chinese automotive giant BYD has sold more than one million new energy vehicles in the first quarter, a 60 per cent jump from the same period last year.

thedriven.io

Emerging Chinese automotive giant BYD says it has sold a total of 377,420 new energy vehicles (NEVs) in March, which pushes the company’s total for the first quarter above the 1 million mark. The NEV numbers include both full battery electric cars and plug in hybrids – such as its popular new hybrid ute, the Shark 6, and represent a 24.78 per cent increase over the same month in 2024 and 16.9 per cent over February.

The latest month includes a total of 166,109 pure electric vehicles, an increase of 18.73 per cent year-on-year, and 205,310 PHEVs, an increase of 26.95 per cent year-on-year and 6.2 per cent month-on-month. Over the first three months of 2025, BYD’s NEV sales amounted to 1,000,084, a year-on-year increase of 59.81 per cent, and 416,000 battery electric vehicles, a rises of 39 per cent.

The overall quarterly number is a 34.34 per cent decrease on the fourth quarter of 2024. However, Chinese car sales almost always dip in the first quarter of the year due in part to the Chinese New Year celebration period.

BYD’s success contrast with the difficulties facing its global rival for the top ranked EV maker, Tesla, whose quarterly sales plunged 13 per cent in the first quarter to 336,681, its biggest quarterly fall ever, and well below even forecasts that had already been been downgraded by analysts because of the backlash against CEO Elon Musk’s political positions.

 

[ShinkanPo]

It’s hilarious leftists would rather buy CHINESE vehicles than Teslas because “orange man bad”.

Orange car bad!

 

[Rob Battisti]

This may start to turn into a bit of an ass-kicking.

BYD sells 1 million EVs and plug-in hybrids in first quarter, as it extends lead over Tesla

Chinese automotive giant BYD has sold more than one million new energy vehicles in the first quarter, a 60 per cent jump from the same period last year.

thedriven.io

Emerging Chinese automotive giant BYD says it has sold a total of 377,420 new energy vehicles (NEVs) in March, which pushes the company’s total for the first quarter above the 1 million mark. The NEV numbers include both full battery electric cars and plug in hybrids – such as its popular new hybrid ute, the Shark 6, and represent a 24.78 per cent increase over the same month in 2024 and 16.9 per cent over February.

The latest month includes a total of 166,109 pure electric vehicles, an increase of 18.73 per cent year-on-year, and 205,310 PHEVs, an increase of 26.95 per cent year-on-year and 6.2 per cent month-on-month. Over the first three months of 2025, BYD’s NEV sales amounted to 1,000,084, a year-on-year increase of 59.81 per cent, and 416,000 battery electric vehicles, a rises of 39 per cent.

The overall quarterly number is a 34.34 per cent decrease on the fourth quarter of 2024. However, Chinese car sales almost always dip in the first quarter of the year due in part to the Chinese New Year celebration period.

BYD’s success contrast with the difficulties facing its global rival for the top ranked EV maker, Tesla, whose quarterly sales plunged 13 per cent in the first quarter to 336,681, its biggest quarterly fall ever, and well below even forecasts that had already been been downgraded by analysts because of the backlash against CEO Elon Musk’s political positions.

Yet, the Tesla Model Y is the best selling car in China.

 

[cincymma79]

Yet, the Tesla Model Y is the best selling car in China.

To be fair China can change that at any time by telling people they’ll exterminate their entire bloodline if they don’t buy the Chinese one

 

[Sweater of AV]

Yet, the Tesla Model Y is the best selling car in China.

No, no it's not.

Also, think about total sales and the difference in the number of models available.

 

[Sweater of AV]

China's BYD set to overtake Tesla as world's top EV seller.

https://www.bbc.com/news/articles/cj9rjwpvmpzo

China's BYD is set to overtake Elon Musk's Tesla as the world's biggest seller of electric vehicles (EVs), marking the first time it has outpaced its American rival for annual sales. On Thursday, BYD said that sales of its battery-powered cars rose last year by almost 28% to more than 2.25 million.

Tesla, which is due to reveal its total sales for 2025 later on Friday, last week published analyst's estimates suggesting that it had sold around 1.65 million vehicles for the year as a whole.
The US firm has faced a tough year with a mixed reception to new offerings, unease over Musk's political activities and intensifying competition from Chinese rivals. In October, Tesla introduced lower-priced versions of its two best-selling models in the US in a bid to boost sales. It had faced criticism that it had been slow to release new and more affordable options to stay competitive.

Musk, who is already the world's richest man, is tasked with significantly boosting Tesla's sales and stock market value over the next decade to secure a record-breaking pay package. The deal, which was approved by shareholders in November, could see him getting a payout of as much as $1tn (£740bn).

As part of the agreement, Musk also has to sell a million humanoid robots over the next ten years. Tesla has invested heavily in its "Optimus" product and self-driving "Robotaxis". Tesla sales slumped in the first three months of 2025 after a backlash against Musk's role in US President Donald Trump's administration. Besides Tesla, the multi-billionaire's business interests also include the social media platform X, the rocket firm SpaceX and the Boring Company, which digs tunnels. Those commitments, along with running Trump's Department of Government Efficiency (Doge), led some investors to suggest that Musk was not focusing enough on Tesla. Since then Musk has pledged to "significantly" cut back his role in the US government.

Despite BYD's rapid expansion in recent years, its sales growth slowed in 2025 to the weakest rate in five years. The Shenzhen-based firm faces mounting competition in China, its key market, from a surge of EV makers like XPeng and Nio. Still, BYD remains a global EV powerhouse as its prices often undercut rival carmakers. The company's rapid expansion - especially in Latin America, South East Asia and parts of Europe - comes despite many countries imposing steep tariffs on Chinese EVs. In October, BYD said the UK had become its biggest market outside China. The firm said that its sales in Britain surged by 880% in the year to the end of September, driven by strong demand for the plug-in hybrid version of its Seal U sports utility vehicle (SUV).

 

[YoungBoyd]

BYD seems to be a very popular electric car in Poland. Relatively speaking that is, because electric cars still aren't popular here