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Chinese company BYD has moved a step closer to toppling Elon Musk’s Tesla as the world’s biggest-selling manufacturer of electric vehicles.
The firm said on Monday it had sold a record 526,000 battery-only vehicles in the last three months of 2023.
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For the year as a whole, Shenzen-based BYD said it had sold more than 3 million so-called-new energy vehicles (NEVs), which includes battery-only vehicles and hybrids.
Almost 1.6 million of its total sales were battery-only vehicles, the firm said.
Industry analysts have forecast that Tesla sold around 483,000 electric vehicles in the last three months of 2023 and 1.82 million for the year as a whole.
They were advertising in the Mexico City Airport yesterday when I was there.
They have display models in malls in Mexico. The cars honestly feel really well put together for their price.